Selling Property in Australia: When and How to Sell Property
Selling property in Australia’s property market presents a unique paradox. On one hand, the opportunity for a great sale price is strong as national prices are forecast to rise by around 4%. On the other hand, the journey to that sale has never been more complex. Costs and increased compliance burdens are on the rise.
This guide is designed to be your comprehensive roadmap, cutting through the noise. We walk you through every critical stage, equipping you to sell with confidence and achieve the best possible outcome.
Is Now the Right Time to Sell Property?
Deciding to sell property in Australia involves looking at the market and your own situation. You need to weigh everything carefully to make the best choice.
First, consider your personal and financial reasons for moving. Are you upsizing, downsizing, relocating for work, or cashing in an investment?
Your “why” will shape your timeline, urgency, and overall strategy. Understanding the current Australian property market is also crucial for setting realistic expectations and planning your sale.
The 2025 Australian Property Market
The Australian housing market in 2025 presents a nuanced picture. After strong growth in 2023 and 2024, it has shifted to a more moderate pace.
Forecasters suggest an average national price rise of around 4%. This is supported by stable interest rates, housing undersupply, and strong population growth.
However, conditions vary across the country. Cities like Perth, Adelaide, and Brisbane show stronger growth momentum. Sydney and Melbourne are more sluggish due to affordability issues.
While spring and autumn are traditionally active buying seasons, your personal circumstances and local market conditions are more important factors.
Many areas in 2025 are seller’s markets, with high demand and low listings. This gives you negotiating leverage but also comes with rising costs and compliance burdens.
For example, all resident sellers must now get an ATO Clearance Certificate to avoid a 15% withholding tax, regardless of market heat.
The Seller’s Market Paradox
High buyer expectations mean properties must be professionally styled and flawlessly presented. This has driven up pre-sale preparation costs.
Significant investments in staging, painting, and landscaping are now the norm.
You need to be optimistic about your potential sale price. But you must also plan for the substantial upfront costs. A high sale price can be quickly eroded if these non-negotiable costs are not managed carefully.
This paradox means that while the market may favour a high price, the journey to get there is more complex and expensive than ever.
How Soon Can You Sell Property?
There’s no law in Australia that specifies a minimum amount of time you must wait before you can sell a house after buying it.
Legally, you can sell a property at any time after the purchase is complete. However, financial and tax implications can make it an expensive decision.
👉 Learn more: How Soon Can You Sell a House After Buying It?
Can I Sell a House with a Home Loan on It?
Yes, you can sell a house that has a mortgage on it.
This is a very common situation, and the process of paying off the mortgage is a standard part of the property settlement process.
👉 Learn more: How to Sell a House with a Mortgage
👉 Learn more: When is the Best Time to Sell Your House?
Getting Your Property Ready for Sale
The success of your Australian property sale depends on the initial phase of assessment, valuation, and presentation, where you create value.
To help manage this crucial phase, use this checklist to break down the tasks for preparing your property for sale.
| Area | Task | Rationale |
|---|---|---|
Exterior & Curb Appeal | Pressure wash driveway, paths, and exterior walls. | Instantly removes grime and boosts street presence for a minimal cost. |
Mow lawns, trim edges, and weed garden beds. | A neat garden signals a well-cared-for home. | |
Clean the front door and update house numbers if faded. | The entrance is a key focal point; ensure it is clean and welcoming. | |
Wash all external windows and clean away cobwebs. | Maximises natural light and shows attention to detail. | |
Hide rubbish bins and remove clutter (e.g., pet bowls, toys). | Creates a clean, uncluttered first impression. | |
General Interior | Declutter every room. Remove excess furniture and personal items. | Makes rooms appear larger, brighter, and allows buyers to envision their own life there. |
Repaint walls in a neutral colour palette (e.g., whites, light greys). | Neutral colours appeal to the broadest range of buyers and create a sense of freshness and space. | |
Fix all minor issues: leaky taps, sticky doors, cracked tiles, broken light fittings. | Prevents buyers from being distracted by small flaws and avoids issues in the building report. | |
Professionally clean carpets and polish floorboards. | Clean floors make the entire home feel fresh and well-maintained. | |
Clean all windows, mirrors, and light fixtures. Replace blown bulbs. | Maximises light and creates a bright, inviting atmosphere. | |
Test all smoke detectors to ensure they are legally compliant. | A critical safety and legal requirement. | |
Kitchen | Deep clean all appliances (oven, cooktop, rangehood) inside and out. | The kitchen is the heart of the home. Buyers will inspect appliances closely. |
Clear countertops, leaving only a few stylish items. | Creates a feeling of ample workspace and reduces visual clutter. | |
Organise the pantry and cupboards. | Buyers often look inside cupboards. Tidy storage implies ample space. | |
Bathrooms | Deep clean all surfaces, including tiles, grout, shower screens, and toilets. | Hygiene is paramount. Remove all signs of mould or grime. |
Clear vanities of all personal toiletries. | Depersonalises the space and creates a clean, hotel-like feel. | |
Display fresh, fluffy towels and a new bar of soap or diffuser. | Small touches of luxury can significantly elevate the feel of the space. | |
Bedrooms | Make all beds with fresh, high-quality linen. | A beautifully made bed is a powerful visual anchor in a bedroom. |
Ensure wardrobes are tidy and not overstuffed. | Demonstrates that storage space is adequate. |
Find details and other related discussions below.
How Much Is Your Property Really Worth?
Establishing an accurate value for your property is a critical first step. It informs your asking price, shapes your marketing, and sets the foundation for negotiations.
There are two main ways to determine this value: an agent appraisal or an independent valuation.
An agent appraisal is a marketing tool, while an independent valuation is a legally recognised assessment. Both have their place in helping you understand your property’s position in the market.
Agent Appraisal (Comparative Market Analysis)
Most sellers start with a free property appraisal from a real estate agent. This is formally known as a Comparative Market Analysis (CMA).
The agent assesses your property and compares it to recent sales of similar properties nearby to suggest a likely selling range.
A CMA is an educated estimate to help you set a competitive price. It does not have legal standing.
It’s wise to get appraisals from at least three different agents. This gives you a balanced perspective and helps you identify any outliers in pricing when selling property in Australia.
Independent Valuation
For a legally recognised and impartial assessment, hire a qualified property valuer.
This service typically costs between $300 and $500 for a standard home. It results in a detailed report that holds legal weight.
An independent valuer inspects your property’s interior and exterior. They consider factors like location, land size, building attributes, and features.
They may use several methods to determine the market value, including comparing it to similar sales, calculating its replacement cost, or assessing its income potential for investment properties.
👉 Learn more: What Do Valuers Look For In A House Valuation in Australia?
Preparing Your Property for Maximum Appeal
Effective property preparation is about strategic marketing psychology. The goal is to sell a lifestyle, not just a collection of rooms.
This creates an emotional connection that helps buyers imagine themselves living in the space.
This process can be broken down into three key pillars. These are decluttering, cleaning and repairs, and enhancing curb appeal.
For those looking to go the extra mile, professional home staging can offer a significant return on investment.
Declutter and Depersonalise
First, create a sense of space and neutrality. Remove personal items like family photos and excess furniture.
This helps make rooms feel larger and allows buyers to see the home as a clean canvas.
Consider renting a short-term storage unit if you have many possessions. This is a highly recommended investment.
A clutter-free home appears more spacious and inviting to potential buyers.
Deep Clean and Repair
A spotlessly clean property signals that the home is well-maintained. This means a deep scrub of every surface, especially kitchens and bathrooms.
Addressing all minor repairs is equally important.
A leaky tap or a chipped tile can be an instant turn-off for buyers. These small issues might also be flagged in a building inspection, potentially jeopardising a sale.
Ensure everything is in perfect working order before you list the Australian property for sale.
Enhance Curb Appeal
The first impression is formed the moment a buyer sees the property from the street. Meticulous attention to the exterior is non-negotiable.
This includes mowing the lawn, weeding gardens, and cleaning the driveway.
A clean and inviting front entrance is crucial. Strong curb appeal entices buyers to step inside. It sets a positive tone for the entire inspection.
Professional Property Styling (Home Staging)
To take your property’s presentation to the next level, consider hiring a professional property stylist.
Home staging uses design principles and rental furniture to highlight your home’s best features. It aims to maximise its appeal to the target demographic.
While it is an additional upfront cost, the return on investment can be substantial. Well-staged homes often sell faster. They can also achieve a final sale price that is 5% to 10% higher than unstaged properties.
Costs for professional styling can range from around $2,000 to over $8,000, depending on the property’s size.
This stage involves a deep dive into what your property is worth. Ensure you prepare it to appeal to the widest range of buyers.
Choosing Professionals for Selling Investment Property
Success requires a team of skilled professionals to manage the marketing, negotiation, and legal complexities of the transaction.
The two most critical members of this team are your real estate agent and your conveyancer or solicitor.
Choosing the Right Real Estate Agent
While it’s possible to sell your property privately, most sellers engage a real estate agent.
A high-performing agent brings deep market knowledge, a database of qualified buyers, and expert negotiation skills.
These attributes can lead to a higher sale price, more than justifying their commission.
- Start by researching local agents with a strong track record of selling properties like yours.
- Attend their open homes to see them in action.
- Shortlist three to four agents.
- Interview them thoroughly to find the best fit for you and your property.
Appointing a Conveyancer or Solicitor
A conveyancer or property solicitor manages the legal transfer of ownership.
Their duties include preparing the Contract of Sale and Vendor’s Statement, conducting property searches, and representing you at settlement.
It’s crucial to engage a legal representative early. In some states, like New South Wales, a property can’t be legally advertised for sale until a complete Contract of Sale has been prepared.
You can find a reputable professional through personal recommendations or by searching the Australian Institute of Conveyancers (AIC) directory.
👉 We can help you with conveyancing services.
Selecting the right individuals for these roles can significantly impact your final sale price and overall experience.
How to Sell Property: Auction vs Private Treaty vs EOI
The method you choose to sell property is a strategic decision. It should be tailored to your property type, market conditions, and personal goals.
The three primary methods of sale in Australia are Private Treaty, Auction, and Expression of Interest (EOI).
This table provides a clear comparison of the three main selling strategies to help you make an informed decision.
| Method | How It Works | Pros | Cons | Best Suited For |
|---|---|---|---|---|
Exterior & Curb Appeal | The property is advertised with a specific asking price or price range. Buyers submit written offers, and the agent negotiates between the buyer and seller. |
|
| Standard residential properties in a stable market. Sellers who are not in a rush and value privacy and control. |
Auction | A public sale where buyers bid against each other. The property is sold to the highest bidder once the reserve price is met. The sale is final on the fall of the hammer. |
|
| Properties in high-demand areas or “hot” markets. Unique properties that are hard to price. Sellers who need a quick and definitive sale. |
Expression of Interest (EOI) / Tender | The property is marketed without a price. Buyers submit their “best and final” confidential offer by a deadline. The seller can then accept an offer or negotiate. |
|
| High-end or prestige homes. Unique properties, commercial properties, or development sites with a niche buyer pool. |
Each has its pros and cons. Understanding these will help you select the best strategy for your situation, whether you need a quick sale or prefer more privacy.
AU Expats—Want Expert Advice & Recommendations?
- Selling your Australian property from overseas is complex.
- Wondering how to best use your sale proceeds to fund your next investment property? Don't let distance complicate your financial strategy.
- At Odin Mortgage, we specialise in helping Aussie expats navigate this journey. We can guide you on using your sale proceeds to seamlessly invest in your next Australian property.
- Book a consultation to explore your options
The Cost of Selling a Property
While the sale price is the headline figure, the net proceeds—the amount you receive after all expenses—is what truly matters.
The total cost of selling property in Australia typically ranges from 3-5% of the sale price. This can vary based on location, property value, and services.
Budgeting for these costs is essential to avoid surprises and accurately calculate your financial outcome.
This table provides a comprehensive overview of the potential expenses you will encounter, with realistic cost estimates.
| Expense Category | Description | Estimated Cost (% of Sale Price) | Estimated Cost (Dollar Figure) | Key Considerations |
|---|---|---|---|---|
Real Estate Agent Commission | The agent’s professional fee for managing the sale. | 1.5% – 3.5% | $15,000 – $35,000 on a $1M sale. | This is the largest single cost and is negotiable. Rates vary by state. |
Marketing & Advertising | Upfront cost for online listings, photography, floor plans, and brochures. | 0.5% – 1.0% | $5,000 – $10,000 on a $1M sale. | Paid upfront by the seller and is typically non-refundable. |
Conveyancing / Legal Fees | Fee for a conveyancer or solicitor to handle the legal title transfer. | N/A | $700 – $2,500 | A mandatory cost for a legally compliant sale. Fees vary by state and complexity. |
Property Styling / Staging | Cost to hire a professional to furnish and decorate the home. | N/A | $2,000 – $8,000+ | An optional but highly recommended expense. Can boost the final price by 5-10%. |
Mortgage Discharge Fee | An administrative fee charged by your lender to close your home loan. | N/A | $150 – $1,500 | The exact amount varies between lenders and is in your loan agreement. |
Repairs & Maintenance | Costs to get the property “sale ready,” from minor fixes to cosmetic updates. | N/A | Varies widely, from a few hundred dollars to over $30,000. | Focus on high-impact, low-cost improvements. Do not overcapitalise. |
Auctioneer Fees (if applicable) | A separate fee for an auctioneer to conduct the public auction. | N/A | $400 – $1,000 | In addition to the agent’s commission and only applies if you sell by auction. |
Agent commission is typically your most significant cost. There are two main structures: a fixed percentage and a tiered or incentive-based model.
A tiered structure can be a powerful tool, as it rewards the agent with a higher commission rate for achieving a price above a set target. This aligns their financial interests directly with your goal of maximising the sale price.
When negotiating, focus on the agent’s value and track record, not just the cost. A great agent who achieves a higher sale price is a better investment than a cheap agent who underperforms.
👉 Resources for you:
Navigating the Legal Essentials
The legal framework for a property sale is rigorous. It’s designed to protect both the buyer and the seller throughout the transaction.
Two documents are central to this process: the Contract of Sale and the Vendor’s Disclosure Statement.
The Contract of Sale is the master legal document. It details all terms and conditions, including price, settlement date, and what’s included with the property.
In states like NSW, it must be prepared before the property can be advertised.
The Vendor’s Disclosure Statement is where you provide prescribed information about the property. Requirements vary significantly between states.
There is a national trend towards greater transparency.
For example, Queensland is introducing a mandatory, detailed Seller Disclosure Statement from 1 August 2025, bringing it more in line with the stringent requirements of NSW and Victoria.
This table summarises the key disclosure documents across Australia.
| State / Territory | Key Disclosure Document Name | What Must Be Disclosed (Key Items) |
|---|---|---|
New South Wales | Contract of Sale including Section 149 Certificate | Title search, drainage diagram, zoning certificate, details of any easements or restrictions, strata by-laws. |
Victoria | Section 32 Vendor’s Statement | Details of any mortgages, planning information, building permits from the last 7 years, owners corporation certificate. |
Queensland (from 1 Aug 2025) | Form 2 Seller Disclosure Statement | Current title search, latest council rates notice, water service charges, details of unregistered encumbrances, body corporate certificate. |
South Australia | Form 1 Vendor’s Statement | Details of restrictions on title, connected services, rates, zoning information, building approvals. |
Australian Capital Territory | Contract of Sale with multiple attached reports | Building and Pest Inspection Reports, Energy Efficiency Rating Statement, Asbestos Assessment Report, Crown Lease. |
Western Australia | No single prescribed statement | A general duty to disclose known material facts. Strata plan and by-laws must be provided for strata properties. |
Tasmania | No single prescribed statement | Must disclose information about building work, planning details, heritage listings, and known building defects. |
Northern Territory | No single prescribed statement | Must provide a building status report and disclose any knowledge of contamination. |
Failing to provide complete and accurate information can give the buyer the right to cancel the contract, so diligence is key.
From Offer to Settlement: Finalising the Sale
The final phase when selling property in Australia turns a negotiated agreement into a completed transaction. This is governed by strict legal timelines and procedures.
It moves from the binding exchange of contracts through the settlement period to the ultimate handover of keys.
Understanding each step ensures a smooth conclusion to your sale.
Offers, Exchange, and Cooling-Off Periods
Once your property is on the market, your agent will present all offers to you. When you verbally accept an offer, the next step is to make it legally binding by exchanging contracts.
Both you and the buyer sign identical copies, and the buyer pays the deposit, typically 10% of the purchase price.
Most states have a cooling-off period for private treaty sales, allowing the buyer a short window to withdraw. However, there is no cooling-off period for properties sold at auction.
Here are the cooling-off periods across Australia for private treaty sales.
| State / Territory | Duration of Cooling-Off Period | Penalty for Buyer Withdrawal |
|---|---|---|
New South Wales | 5 business days | Forfeiture of 0.25% of the purchase price. |
Victoria | 3 business days | Forfeiture of $100 or 0.2% of the purchase price, whichever is greater. |
Queensland | 5 business days | Forfeiture of 0.25% of the purchase price. |
Australian Capital Territory | 5 business days | Forfeiture of 0.25% of the purchase price. |
South Australia | 2 business days | The seller may keep the buyer’s holding deposit up to a maximum of $100. |
Northern Territory | 4 business days | No financial penalty for withdrawal. |
Western Australia | No statutory cooling-off period | Must be written into the contract to apply. |
Tasmania | No statutory cooling-off period | Must be written into the contract to apply. |
Note that a buyer can waive their cooling-off rights to make their offer more attractive.
The Settlement Period
The settlement period is the time between the contract becoming unconditional and the final day of ownership transfer.
This is typically between 30 and 90 days. A 42-day (6-week) settlement is common.
During this time, the buyer finalises their home loan, and their conveyancer conducts legal checks. As the seller, your main responsibility is to maintain the property in the same condition it was in when it was sold.
Your conveyancer will arrange the discharge of your mortgage and calculate final rate adjustments. Before settlement, the buyer is entitled to a final inspection to ensure everything is in order.
Settlement Day: The Final Handover
Settlement day is when legal ownership officially transfers to the buyer. Most settlements now occur electronically through PEXA (Property Exchange Australia).
Your legal representatives manage the entire process online.
On the day, the buyer’s lender transfers the funds. Your conveyancer uses these funds to pay out your mortgage, agent commission, and other costs.
The remaining balance is then transferred to your bank account. Once the transaction is complete, your agent is authorised to release the keys to the new owner. You must ensure the property is vacated and left in a clean condition.
👉 Check out this Pre-Settlement Inspection Checklist for an idea of what to look out for.
Property Investor Sell-Off: Taxes When Selling an Investment Property
When you’re selling investment property, the profit you make is generally subject to Capital Gains Tax (CGT). This is crucial for any property investor.
Proper planning can help you minimise your tax bill and maximise your final profit from the sale.
CGT in Selling Property
Capital Gains Tax isn’t a separate tax in Australia.
The net capital gain from your sale is added to your assessable income for the financial year. It’s taxed at your individual marginal tax rate.
Your capital gain is calculated by subtracting the “cost base” from your capital proceeds (the sale price). The cost base includes the original purchase price plus incidental costs like stamp duty, legal fees, and major capital improvements.
Keeping good records of all expenses is vital to accurately calculate your cost base and minimise your gain.
👉 More resources about CGT:
The 50% CGT Discount
A significant concession is available to Australian residents.
If you have owned the investment property for more than 12 months, you can generally reduce your gross capital gain by 50%.
This discount is applied before the gain is added to your taxable income.
For example, if your gross capital gain is $200,000, the 50% discount reduces the taxable amount to $100,000.
This amount is then added to your income for that year. This concession can substantially reduce the tax you pay on your investment property sale.
👉 Also see: How to Avoid Capital Gains Tax in Australia
👉 Check out: Resident vs Non-Resident Tax in Australia
A Guide for Australian Expats Looking to Sell Property from Overseas
Selling property in Australia while abroad can be complex, mainly due to taxes. Your tax residency is the critical factor determining your CGT liability.
It’s best to seek specialist advice from a tax professional experienced with expat issues before you decide to sell property.
Recent changes to tax laws have made it far less favourable for non-residents.
The Expat CGT Minefield & Loss of Exemptions
Recent tax law changes have a huge impact on expats. The main residence exemption was removed for non-residents from 2019.
If you’re a non-resident for tax purposes when you sell, you generally can’t claim this exemption. This applies even if it was your family home for many years.
In addition, non-residents are generally ineligible for the 50% CGT discount for any period of ownership after 8 May 2012.
These changes can dramatically increase the taxable gain on your property, making professional tax advice essential.
Critical 2025 Update: Foreign Resident Withholding Tax
The Foreign Resident Capital Gains Withholding (FRCGW) regime has undergone significant changes from 1 January 2025. The withholding rate is now 15%.
The previous $750,000 property value threshold has been removed. The withholding now applies to all property sales by non-residents, regardless of value.
This means 15% of the gross sale price will be automatically withheld at settlement and sent to the ATO.
While you can claim this as a credit on your tax return, it creates a major cash flow problem. You can apply to the ATO for a “variation” to reduce the withholding amount in certain circumstances.
👉 Learn more: Foreign Resident Capital Gains Withholding (FRCGW) Rate Update
The "Return to Sell" Strategy
The punitive nature of these CGT rules has led to a powerful financial strategy for many expats.
The potential tax savings from re-establishing Australian tax residency before selling can be enormous.
An expat could save hundreds of thousands of dollars by returning to Australia, becoming a tax resident again, and then selling to lawfully claim the Main Residence Exemption.
This transforms the “when to sell” decision into one of strategic life and tax planning. The potential tax saving can far outweigh any market fluctuations.
Expats should strongly consider modelling this “return to sell” scenario with a qualified tax advisor.
👉 We can help you with Australian CGT Calculation.
Rental Property Sell-Off: Selling Rental Property with Tenants on a Lease
Selling property with an existing tenant is possible. It provides rental income throughout the sales campaign and can appeal to investor buyers.
However, it requires careful management and strict adherence to tenancy laws.
Understanding Your Legal Obligations
The most important principle is that a fixed-term lease survives the sale. The purchaser simply becomes the new landlord, inheriting the existing lease terms.
You must provide the tenant with written notice of your intention to sell. You must also give them reasonable written notice before any inspections.
The notice period varies by state. Holding an open house or an on-site auction generally requires the tenant’s written consent, as it is more intrusive.
Strategies for a Smooth Sale with Tenants
A cooperative tenant is a major asset. To foster a positive relationship, communicate early and respectfully. Explain the process and reassure them of their rights.
Consider offering incentives for their cooperation. A temporary rent reduction or paying for a professional cleaner can make a big difference.
This acknowledges the inconvenience and encourages them to keep the property tidy for inspections. Working with the tenant to schedule inspections at convenient times is also crucial.
You must respect the rights of the tenant to ensure a smooth process. Good communication and cooperation are key to a successful outcome for everyone.
FAQs about Selling Property in Australia
Here are some of the most commonly asked questions about selling property in Australia.
How long does it take to sell a property in Australia?
The timeline can vary significantly, taking anywhere from 3 to 6 months.
It typically takes 4-6 weeks for pre-sale preparations, 4-6 weeks for the marketing campaign, and a 30-90 day settlement period.
Should I sell my investment property?
Selling investment property must be based on your financial goals, its performance, and a clear understanding of your potential tax liability.
Calculate your estimated CGT to determine the net return on your investment.
What are the main costs of selling a property?
The main costs include:
- Real estate agent commission of 1.5% to 3.5% of the selling price.
- Marketing fees, ranging from $5,000 to $10,000+.
- Legal/conveyancing fees, ranging from $700 to $2,500.
- Potentially, property styling costs, ranging from $2,000 to $8,000+.
Do I have to pay CGT when I sell my home?
If the property was your main residence for the entire time you owned it, you’re generally exempt from Capital Gains Tax.
However, if it was an investment property or you are a non-resident for tax purposes, CGT will likely apply.
What is the best method to sell my property?
The best method depends on your property and the local market.
An auction is great for high-demand areas, a private treaty offers more control, and an Expression of Interest (EOI) is suited for unique, high-end properties.
The journey of selling property in Australia demands diligence, strategic planning, and expert guidance.
From the initial decision to the final handover of keys, each stage has critical decision points that influence the outcome. A successful sale is built on meticulous preparation, a strategic sale method, a deep understanding of costs, and a high-quality professional team.
AU Expats—Get the Experts on Your Side
- Whether you're considering selling, need to understand your mortgage options, or want to plan your tax strategy, our team of experts is here to help.
- Book a no-obligation consultation today to get tailored advice for your unique situation.
- Get tailored Australian mortgage advice
Key Takeaways
- The 2025 market has moderate growth, but selling is complex, so weigh your personal reasons carefully. ⬆️
- Proper valuation and presentation, including cleaning and repairs, are essential to create value and attract potential buyers. ⬆️
- A skilled real estate agent and conveyancer are critical for managing the complex marketing and legal processes. ⬆️
- Choose a sale method—Auction, Private Treaty, or EOI—that strategically aligns with your property and personal goals. ⬆️
- Expect selling costs to be 3-5% of the sale price, covering agent commission, marketing, and legal fees. ⬆️
- The Contract of Sale and Vendor’s Disclosure Statement are crucial legal documents that must be completed accurately. ⬆️
- The final stage involves exchanging contracts, navigating the settlement period, and finalising the legal transfer of ownership. ⬆️
- Profit from selling an investment property is subject to Capital Gains Tax, which is added to your income. ⬆️
- Selling from overseas is complex due to major Capital Gains Tax implications and rule changes for non-residents. ⬆️
- A fixed-term lease survives the sale, so you must follow tenancy laws and respect the tenant’s rights. ⬆️
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