Hi, Would like to draw from the wisdom from this forum. I have an IP in Melbourne inner west (around Footscray). It's a 700 m2 land with a 3br old house. It's located what used to be a quiet, leafy court. However the court has seen a lot of development, 10+ new townhouses in the last 3 years. It's getting busy and the small streets are getting full with parked cars. I'm wondering ... Is now is a good time to sell before it gets even more developed and council is reluctant to approve new developments (and owner-buyers are more reluctant to buy in a crowded place) Or, holding is an equally good strategy as council will still aprove developments even if the area becomes fully built up, and maybe as land becomes rare the property will become in-demand in the future? The area itself has seen good growth, and it seems to be flattening at the moment, at least in the short term. Appreciate all your thoughts!