The Age
·general
·3 hours ago
Why hanging onto your home doesn’t guarantee a windfall when selling
New data reveals that holding property for long periods does not guarantee profit, as 4.1% of Australian home vendors sold at a loss in the December quarter. Despite 95.9% profit overall, loss-makers held properties for nearly as long as profitable sellers. Experts advise waiting five to seven years and choosing high-demand properties to maximize returns.
Summary by Glance · The Age
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