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AAP

Business

Rachael Ward

Home owners reap windfall as buyers warned on new units

CoreLogic Eliza Owen

Home sellers notched a record median profit in the last three months of 2024, fresh data shows. (James Ross/AAP PHOTOS)

Holding onto a house for ten years is a good way to make a buck, but an apartment off the plan could leave sellers out of pocket.

Home owners cashing in made a record median profit of $306,000 in the final three months of 2024, CoreLogic data reveals.

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One subscription that gives you access to news from hundreds of sites

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