It's not surprising news that some homes were sold at a loss in the March Quarter.
If you have been following our posts, you'll recall that, prices have only just stabilised in the past 3 weeks or so.
I. E., these statistics were a reflection of losses at the peak of the downturn. If you're hoping to pick up a bargain in these suburbs, don't hold your breath. These are sold properties, which means, they have already been bought. Gone.
All's not lost, however. Chat with us, we can still find you a deal. Have a look at our property of the week blog. These are just a select sample of the discounted deals which we've come across through our AI search. There are still many out there.
Let us know what you want, we'll find one which suits you.
Have a read.
https://www.smh.com.au/business/the-economy/the-sydney-and-melbourne-suburbs-where-up-to-a-third-of-homes-are-selling-at-a-loss-20190708-p5255g.html