We have had our first investment property in Bayswater for 6 years, and want to sell to help us relocate to the UK. It is a 3x1 weatherboard cottage, well located near Meltham train station on 450 sqm, in quite good condition with some rennos done.
We have never sold a house before, and the real estate agents are encouraging us to sell now, saying the market could turn even though hot now. We've held it through a pretty bad time for house prices in Perth and want to get as much as we can for it to try and offset the last few years. We can hold a while longer if needed.
My question is when would be the best time to sell? Now or in Sept/Oct (we can extend the lease for existing tenants to then or sell when this lease runs out soon)? Thanks for any feedback.
We have never sold a house before, and the real estate agents are encouraging us to sell now, saying the market could turn even though hot now. We've held it through a pretty bad time for house prices in Perth and want to get as much as we can for it to try and offset the last few years. We can hold a while longer if needed.
My question is when would be the best time to sell? Now or in Sept/Oct (we can extend the lease for existing tenants to then or sell when this lease runs out soon)? Thanks for any feedback.