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.
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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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