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96% of sought-after Australian homeowners sold properties for million-dollar profits in last financial year, according to Domain's report.
96% of Australian homeowners selling properties in sought-after suburbs made million-dollar profits in the last financial year, according to Domain's Profit and Loss Report.
This is the highest percentage since 2008 and coincides with a significant rise in Australian property prices over the past several years.
Long-term property ownership is attributed to the record number of resold homes generating profits.
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Según el informe de Domain, el 96% de los propietarios australianos más buscados vendieron propiedades con ganancias de millones de dólares en el último año financiero.