31% of properties forced into sale

By |

Close to a third of all properties coming onto the market over the last two months were from forced sales, a LandMark White sales index has revealed. 

LandMark White's Forced Sales Index analysed major investment advertisements over October and November and found that 31.3% of total assets on the market belonged to a mortgagee, receiver or administrator. 

More than half of the sales were located within Queensland, most notably residential property within regional locations. NSW represented the second largest proportion of forced sales nationwide with 26.1%, largely from industrial and commercial office stock. 

Residential real estate saw the highest number of forced advertisements (27.5%), followed by industrial properties (25.5%). However, development sites across the various investment classes represented 57.5% of total forced sales, as low demand and funding problems saw many projects grind to a halt.

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker

Top Suburbs : darlington , narara , alexandra hills , nundah , windale

go back

Get help financing your investment

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here