Arabic version: بريزبن تتصدر أرباح إعادة البيع مع تراجع السوق الوطنية

According to ABC News, Brisbane remained Australia’s most profitable capital for property resales in the June quarter, with a median gain of $525,000 and 99.8 per cent of sales delivering a profit, based on Cotality data.

Nationally, sellers recorded a median resale profit of $371,000. Of more than 94,000 resales analysed, 95.4 per cent made a gain. The figures came after resales reached a 21-year high in March, while a softening housing market pushed down prices.

Houses performed more reliably than units, with 97.8 per cent of house resales profitable compared with 90.5 per cent of unit sales. Melbourne’s unit market was notably weaker: 20.8 per cent of units sold at a loss. In Sydney, 11.4 per cent of units resold for less than their purchase price.

Cotality head of research Gerard Burg said resale profitability remained exceptionally high by historical standards because many sellers had accumulated significant value growth over the past five years. He said falling home values across more markets would make that buffer increasingly important, and that lower values were likely to persist for some time.

Adelaide was the second most profitable capital, followed by Perth, with median gains of $472,000 and $470,000 respectively. Regional markets had a higher share of profitable resales than capitals, 97.5 per cent compared with 94.1 per cent, though metro sellers achieved the larger median gain of $415,000 versus $324,500.

Mr Burg said recent buyers faced greater risk of a loss. The median holding period for a profitable house resale was 9.3 years, compared with 4.4 years for a loss-making sale.