With a booming property market, you may be thinking of selling your investment property to take advantage of the rise in value in the past 5 years in Australia. Is this wise or is holding on your property the best way to go for the long term?
Selling your property after significant capital growth is good for those who:
Holding on to your property for longer is good for those who:
An honest evaluation of your finances by an objective professional, such as your financial advisor, is also recommended to ensure you are reaching your investment goals.