SMH
·general
·3 hours ago
Why hanging onto your home doesn’t guarantee a windfall when selling
New data reveals that holding property for extended periods does not guarantee profit. In Australia, 95.9 percent of properties sold in the last quarter gained value, but nearly 24 percent of homes in Parramatta sold at a loss despite an average hold period of nine years. Experts advise selecting prime properties and being patient for optimal returns.
Summary by Glance · SMH
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