Sellers Reaping Record Profits | Australia News

Sellers are reaping record-breaking profits as the property market surges, with 96% of resales turning a profit and average gains hitting $377,000—thanks to years of accumulated value, not just current trends. Long-term holders, averaging nine years, are cashing in big, while recent buyers are still feeling the sting of losses. Hotspots like Wagga Wagga and Albury Wodonga are thriving on steady local demand from defense, education, healthcare, and agriculture. Though overall momentum is cooling, underlying value still supports sellers. Buyers? Get pre-approved, explore first-home schemes, and team up with local agents who know the real deal. The key? Buy and hold—long-term ownership remains the ultimate equity builder. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/020c246bd8d07b4c