- by cnn
- 15 Aug 2024
More Australian homeowners selling quickly but making a loss in the process
More Australian homeowners selling quickly but making a loss in the process
- by theguardian
- 21 Sep 2023
- in news
1.6 k views
More Australian homeowners are selling up quick but failing to make a profit in the process.
The median amount lost on the resale was $30,000.
Darwin had the most loss-making resales of the capital cities, with 34.4% of homes being sold for less than they were initially bought.
Perth followed in second at 12.3%, while Adelaide was the most profitable city with only 1.8% of sales coming at a loss.
But those who choose not to sell are staying in their homes for longer, according to a Domain report released on Thursday.
The median tenure for houses in Australia has increased to nine years in 2023, up from seven years a decade ago.
Darwin, Sydney, Perth and Canberra all had longer tenures than the national median, while Hobart had the shortest tenure at seven years.
you may also like
- by theguardian
- 13 Aug 2024
US air force avoids PFAS water cleanup, citing supreme court’s Chevron ruling
- by theguardian
- 13 Aug 2024
Successful environmental projects benefit nature and people, study finds
travel
- by travelandtourworld
- descember 09, 2016
Delta Air Lines Flight from Las Vegas to New York Makes Emergency Landing Today Due to Cockpit Fumes
A Delta Air Lines flight bound for New York City from Las Vegas made an emergency landing shortly after takeoff on October 29, 2024, due to fumes in the cockpit. Flight DL2133, originating from Harry Reid International Airport (LAS) in Las Vegas and destined for LaGuardia Airport (LGA) in New York, reported an issue within minutes of departure, leading the crew to declare an emergency and return to the Las Vegas airport for a safe landing.
read more