Property investors selling up

Reduced landlord rights, rising interest rates, and increased compliance costs are some of the reasons that landlords are selling up.

According to Your Investment Property Mag, the number of investors buying dwellings has been falling since early 2023.

Your Investment Property surveyed 2,400 members and found that the number of property investors looking to sell was up 44% over the previous quarter (36% compared to last quarter's result of 25%). More than half of the investors said they were looking to offload their property/s within the next six months.

While the market is crying out for more investors given low vacancy rates and growing rents, half of respondents are steering away from purchasing another property in the foreseeable future.

For those that are feeling the pressure financially, offloading an investment property can provide a sense of relief and quite frankly, is a much easier decision than giving up the family home.

If you’re considering selling your investment property Walsh Conveyancing will assist you through the conveyancing selling process. Our team helps to guide you each step of the way.

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