Property Unpacked podcast: Why are sellers copping losses of up to 40% in some cities?

One sector of the property market particularly hard hit by the effects of the pandemic is the inner city apartment markets in our biggest cities.

Border closures and international students unable to get into the country has been highlighted as the cause of high vacancy rates in the rental market, but recent reports have shown how tough owners of these apartments are finding it to offload their investments. 

Joining us this episode of Property Unpacked to break down what’s happening and how apartments are faring compared to other parts of the market is Elizabeth Redman, Domain’s deputy news editor.

Also in this episode, Domain Advice editor Daniel shares what unexpected costs can arise when purchasing a home.

Hear the full episode of Property Unpacked on Apple Podcasts, Spotify and everywhere else you find your podcasts.