CoreLogic analyzed approximately 95,000 dwelling resales in Q3 2024.
The incidence of profit-making sales nationally increased to 95.0%.
The median nominal gain was a record high $295,000 in the quarter, and the total nominal resale profit was $33.98 billion.
The median nominal loss was -$40,000, and the total nominal resale loss was $270 million.
Brisbane claimed the top spot as the most profitable city for the second quarter in a row, with 99.4% of homes sold making a nominal gain.
Darwin and Melbourne saw the biggest quarterly increase in the rate of loss-making sales across the capitals.
Source Corelogic