Craig
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Appearances Over Time
Podcast Appearances
Wanted to just note the regional Queensland area is leading the country for house resales performance.
It recorded the highest median profit of $395,000 with 98.4% of resales delivering a gain.
Now, if you have a look at the regional New South Wales, it isn't far behind with a median profit of $350,000.
and 97.5% of resales in the black.
Across the rest of the regional Australia areas, profitability remains high, although slightly softer in Victoria, South Australia, Western Australia and Tasmania.
And the Northern Territory stands apart as the weakest performer with the lowest share of profitable resales at 78.4%.
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Suzanne from Cronulla is here, and okay, that's a little bit of a wrap there on some of the regional markets for resales.
Interesting, your market, because it has a bit of a mindset when it comes to regional thinking with the locals.
Yeah.
And what about, you know, the elephant in the room with this Iran war, the sentiment among many buyers at the moment, particularly if they've got portfolios, they're watching this with a lot of interest from the buyers that you're interacting with.
How is that sort of shaping the conversation at the moment?
All right.
Good stuff, Suzanne.
That certainly gives everybody a really good breakdown on the Cronulla market, especially the units there.
Thanks for coming on to the real estate breakfast and good luck racing around in that Mercedes AMG GTR.
Thank you so much for having me.
From interest rates rising, a shifting landscape, rentals running hot, clearance rates, a tight rental market, buyer-vendor sentiment, we cover it all every morning from 6am on The Real Estate Breakfast.
What is your take on how the banking providers around Australia are responding to the moment?
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