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CHART: The Decline of Property ‘flipping’ in Australia

Property “flipping” isn’t as popular as it once was in Australia, according to a new report from CoreLogic.

Yes, the process of buying a home, putting a lick of paint on the walls before attempting to sell it for a profit isn’t growing in popularity — despite an influx of television shows showing Australians how to do it each and every night — driven lower by high, and in many instances increasing, transactional costs.

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