A beachside property purchased in February for $4.12 million is being resold six months later with a target of $7 million in total sales.
Why it mattersShows rapid property flips and high renovation-to-resale margins in coastal suburbs; a test of current investor appetite for multi-unit blocks.
AustraliaWollongong and Illawarra property investors watch the resale to gauge market appetite for renovated beachside residential blocks and current profit margins.
✓ Claims checked against the source. checked 1 d ago
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