Hitting peak profitability
Vendor profitability is now at record levels – but how long will this positive trend continue?
Smart Property Investment’s Grace Ormsby chats with Eliza Owen, the head of research at CoreLogic, to take a closer look at the factors that have led to record vendor profitability to date in 2021.
The average vendor in today’s market who has held on to their property for two years is making $123,000 if they choose to sell right now. But how? The pair discuss why lockdown hasn’t dampened profit points and why Australia’s property market will likely stay buoyant for a while yet.
Eliza also explains what the latest APRA lending decision will actually mean for investors.
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