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Anyone selling?

Discussion in 'General Property Chat' started by MTR, 15th Sep, 2015.

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  1. MTR

    MTR Well-Known Member Premium Member

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    I will start, just sold 2 OTP townhouses to be completed around February 2016.

    The market is strong, Melbourne market.
     
    Perthguy, Xenia, Esh and 1 other person like this.
  2. Perthguy

    Perthguy Well-Known Member

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    Yep. Our Melbourne property is to be sold in the last week of October or last week of November. I have contacted 6 agents and they are putting their proposals through now. Market is particularly strong in our area.
     
    Xenia likes this.
  3. MTR

    MTR Well-Known Member Premium Member

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    Hi P G
    Melb market is hot so hopefully you will do very well
     
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  4. Biz

    Biz Well-Known Member

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    I'm something of a property hoarder, i never sell...

    THEY ARE MINE! ALL MINE MWAHAHAHA
     
  5. MTR

    MTR Well-Known Member Premium Member

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    ...luvin it, keep them close, jealous..hehe
     
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  6. Perthguy

    Perthguy Well-Known Member

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    Yeah, the agents are very upbeat. Their price estimates are bang on what I thought. Will be nice if we can get that! :p
     
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  7. Leo2413

    Leo2413 Well-Known Member Premium Member

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    Why be so greedy for...........
     
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  8. datto

    datto Well-Known Member

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    Yeah I got one, currently on cooling off. With the proceeds I intend buying and running a relaxation centre.
     
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  9. Vultures

    Vultures Well-Known Member

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    Yes, just sold our Sydney property, waiting for settlement. Might have got more if we waited another 6 months...? Maybe, but everything aligned nicely for us for a sale right now and I don't want to hold out for the "peak" and end up missing it.
     
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  10. Handyandy

    Handyandy Well-Known Member

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    Looks like I might be selling one of my USA properties.

    This is not through choice but rather through their crappy HOA (Strata) systems and they having changed the HOA rules about being able to lease properties in the precinct.

    Exploring the 1031 Exhange rules to see whether I can just roll into another property.

    Cheers
     
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  11. HUGH72

    HUGH72 Well-Known Member

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    Relaxation Centre? Flat screen, XBOX and a new couch? Box of KFC?:p
     
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  12. York

    York Finance Broker Business Member

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    That's not a relaxation centre!! That's heaven. :D
     
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  13. Banister

    Banister Member

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    Sold Melb property 2 weeks ago at auction. Sold for 90% higher than val from 2 years ago
     
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  14. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

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    Is that the one upstairs above the book and toy shop on woodpark road in smithfield industrial park?

    But no I am building not selling.
     
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  15. pinkboy

    pinkboy Well-Known Member Premium Member

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    Sounds stressful.

    pinkboy
     
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  16. devank

    devank Look, lets just get on with this, ok? Premium Member

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    Sold one in Western Sydney last month but bought in Brisbane & S.A with the proceeds.
     
  17. twobobsworth

    twobobsworth Well-Known Member

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    Always thinking, how far will Sydney drop, how long will it remain stagnant, what is a satisfactory return after disposal costs...
     
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  18. beachgurl

    beachgurl Well-Known Member

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    I might be selling a new build in Nth Brissie on completion in a month or so. Would be great to keep but not sure I need a negatively geared property at this point.
     
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  19. MTR

    MTR Well-Known Member Premium Member

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    Thanks for sharing
    Interesting like more info on this, will contact you. Hope its not going to effect me as well, I have a few under this system.

    MTR
     
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  20. MTR

    MTR Well-Known Member Premium Member

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    Negatively geared property a "dirty word", but what choice do you have if you are a developer if holding stock for projects.
     
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