Thursday, January 19, 2012

Negative Equity in Australia at 5% Nationwide

This is an increase from 3.7% at the end of the previous quarter.

Some areas are seriously hurting with high negative equity rates:
North Queensland 20.2%
Gold Coast 14%
Sunshine Coast 13.5%
Queensland overall 9.2%
Western Australia overall 6.3%

Local Owners Looking at Negative Equity
Hat tip: Aussie Roy commenting at

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