Never sell in a down market: it’s an investor golden rule, but it could cost you big time if your property is underperforming. We enlist the help of investment experts to help you find out if it is indeed time to unload a dog investment
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It’s a technique usually reserved for livestock, but the owner of a house in Capalaba has taken the extremely unconventional move of putting his property up for auction with no reserve – running the risk of having to sell it for peanuts.
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“You can’t always get what you want” goes the Rolling Stones classic and it’s definitely true for the suburbs within the country’s top 20 locations for vendor discounts – where recent price falls and lacklustre demand have seen sellers settle for up to 24% lower than what they originally asked.
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