Sell or Hold

When it comes to financial impact, whether to sell or hold a property is highly consequential. In the short-term we are talking about tens of thousands of dollars. And over the longer term, we could be talking about hundreds of thousands of dollars put at risk or to be made.

Making the right call could net you a significant windfall, making the wrong call could narrow your financial future alarmingly. That is why coming to a decision to sell is so hard in the first place. It requires clear thinking and an unbiased analytical approach to looking at the numbers.

Recycling costs	$81,778
Exit costs	$39,003
Selling Costs	$5,068
Selling agent's commission	$2,000
Legal fees to sell	$1,234
Marketing costs for selling	$1,334
Clean-up	$500
Staging for sale
Other selling costs
Capital gains tax	$33,935
Capital gain	$182,820
Selling costs	$5,068
Cost base	$368,000
Current property original purchase price	$362,000
Stamp duty paid
Legal fees to buy current property
Current property's LMI
Cost base - other
Depreciation
Other capital Gain
CGT discount	50%
Salary & other income	$90,000
Entry costs	$42,775
LVR for new purchase	80%
Stamp duty to pay	$40,575
Inspection costs	$1,000
Building inspection cost	$1,000
Pest inspection cost
Strata report cost
Depreciation schedule
Other inspection costs
Legal fees to buy replacement	$1,200
Buyer's agent fee
Other entry costs
Replacement property target price	$948,584
Estimated new property expenses as %	1.5%

Sell or Hold is perfect for the job, as it doesn’t factor in any behavioural bias about money. It simply collects your property’s data, analyses it, compares it to alternative markets and provides you with financial recommendations, showing all the reasons to either sell or hold. It uses artificial intelligence applied to big data to provide unparalleled predictive insights.

Many owners have been told by experts to “never sell”. Yet this is the wrong advice in so many cases. You could miss out on a better opportunity and even lose money by swallowing this one-size-fits-all cliché. Even after paying: capital gains tax; agent’s commission; stamp duty; and legal fees, you could still be better off selling and buying elsewhere - sometimes, much better off.

You owe it to yourself, and potentially to your family, to investigate what is the best decision for your case. For opportunities or for peace of mind, you can run your property through Sell or Hold and find out.

“Sell or Hold sample report”