Watch
Property profits surge to highest levels in over a decade
Published 22 August 2024, 11:00 am
While high interest rates are still creating challenges for some homeowners, sellers are benefiting from a cash windfall. According to Domain, property profits are at their highest level in more than a decade with a median return of $395,000 across Australia's capitals as prices remain at or around all-time highs.
Share
Recommended for you
Here's what Peter Dutton says he'll do if he becomes prime minister
australian federal politics
State-by-state: These are the suburbs where home prices have had the biggest falls
housing affordability