Should we sell our properties at a loss?

Knowing all those areas, I would keep Heidelberg...and sell the other two. Brisbane growth has been disappointing over the last 10 years for the most part and may stay that way.

 

A bit out of topic, but why are people still rather confident/bullish about Heidelberg in general?

 

Heidelberg is an interesting suburb. There is old Heidelberg around Burgundy Street. The housing stock in this area is like Eaglemont and Ivanhoe but a little less salubrious. The other side near Bell Street/Waiora Road is marked by the proximity to Heidelberg Heights/West. Many of the run down former commission houses in Heidelberg Heights and West are being torn down and replaced with better quality townhouse developments or renovations/ new single homes that are improving the housing stock. This is also happening in the northern part of Ivanhoe and in Bellfield. The prices in these areas have grown considerably in the past 6 years. This is providing a benefit for Heidelberg proper. It's a bit of a returning ripple.

Heidelberg is improving quickly; is not too far from the city, and (apart from Heidelberg West) is close to suburbs that are more expensive and there is ongoing improvement to the housing stock. Think of Ivanhoe and Eaglemont.