Profit for Surfers Paradise Resale Increases During December Quarter
Profits from property resales have been increasing across the nation, which could be great news for those considering selling their Surfers Paradise property. With this growth occurring in most major metropolitan regions, the opportunity to secure a great return on your home could be incentive to put your real estate on the market.
The latest RP Data Pain and Gain report has illustrated the growth of the nation's resale profits, with 90.3 per cent of all homes sold during the December quarter achieving a profit on their original purchase price. Furthermore, 31.8 per cent of these properties managed to at least double their original purchase prices.
Nationwide, the gross profits from these sales was $15.2 billion across the whole country – or $225,088 per transaction. This is a significant profit to make from a family home and could provide an incentive for the sales process.
If you're interested in listing your Surfers Paradise property for sale in the near future, now could be the perfect time to begin considering your options. With the growing profits from resale, these results could make the end result a lucrative outcome for you and your family.