Brisbane Times
·general
·3 hours ago
Why hanging onto your home doesn’t guarantee a windfall when selling
New figures reveal that holding property doesn’t guarantee a profit when selling, challenging conventional wisdom. In the December quarter, nearly 24 percent of homes in Parramatta were sold at a loss, despite an average hold period of nine years. Experts advise potential sellers to wait five to seven years to see real capital growth.
Summary by Glance · Brisbane Times
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