selling in Madeley western australia

Discussion in 'The Buying & Selling Process' started by Jorgem, 6th Apr, 2018.

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  1. Jorgem

    Jorgem Member

    Joined:
    14th Jul, 2017
    Posts:
    14
    Location:
    Perth
    I am considering whether it might a good idea to sell my main residential property in Madeley located in Western Australia. It is my understanding that the Perth property market is slowly improving , and would like to know whether now is the right time to sell.
     
  2. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    9,191
    Location:
    Adelaide and Gold Coast
    Why are you considering selling?

    If you're realistic about price it'll get sold. Lots of unrealistic ones sitting around unsold in Perth atm. We were over a couple of weeks ago real estate shopping and saw them!

    In a year or 2 i think you'll be able to sell for more. Whether its worthwhile or not depends on answer to above question
     
  3. Colin Rice

    Colin Rice Mortgage Broker Business Member

    Joined:
    9th Jul, 2015
    Posts:
    3,184
    Location:
    Perth
    Ideally you want to sell at the peak of the market and Perth, at best has bottomed out and showing signs of recovery.

    I dont claim to have a crystal ball yet agree with @D.T. on the suggested time frame.