Suburbtrends counted 8,738 Victorian homes previously rented that came up for sale over January and February, making up 21.63 per cent of listings, up from 17.52 per cent a year earlier. Mount Waverley, South Yarra and Point Cook led the tally, and PIPA chair Nicola McDougall said investors had begun selling in numbers even before the state’s expanded land tax took effect in January.
Reported by
Alesha Capone & Nathan Mawby, The Courier Mail, 23 Marc
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
