Parley Posted August 9, 2010 Share Posted August 9, 2010 It could be a risky move to sell a house in the UK now and buy a new house in australia. There are some who believe Australian property is heading for a fall. I'm no expert and don't have a view on the direction of Australian property prices, but it could be disasterous to sell at a historically low price in UK, convert at a low exchange rate and then buy a house in Australia at what might prove to be the top of the market. Renting in Australia could also be a good move for 12 months or so to see the direction of the Australian economy and house prices, before buying your new home. Link to comment Share on other sites More sharing options...
Guest cbms Posted August 9, 2010 Share Posted August 9, 2010 I think your right Parleycross - it is just that prices are so expensive to rent - it does not help I guess being that we are moving to Sydney It could be a risky move to sell a house in the UK now and buy a new house in australia.There are some who believe Australian property is heading for a fall. I'm no expert and don't have a view on the direction of Australian property prices, but it could be disasterous to sell at a historically low price in UK, convert at a low exchange rate and then buy a house in Australia at what might prove to be the top of the market. Renting in Australia could also be a good move for 12 months or so to see the direction of the Australian economy and house prices, before buying your new home. Link to comment Share on other sites More sharing options...
Guest Granada Posted August 9, 2010 Share Posted August 9, 2010 Beautifully explained :biggrin: Well the deed is done. We have a 12 month fully managed rental to a young couple expecting their first baby so they are looking long term. The husband actually works with my next door neighbour ( who also have just had their first baby) so it all seems perfect .... we shall see. All the checks are done, house repainted and movers coming in 2 weeks .... three weeks today we will have enjoyed a break in Singapore and have arrived in Brisbane ! Just got to keep fingers crossed that the dogs 2nd blood test comes back clear and then we will be happy ...... its a rocky old road :eek: Good Luck Everyone Jen x It could be a risky move to sell a house in the UK now and buy a new house in australia.There are some who believe Australian property is heading for a fall. I'm no expert and don't have a view on the direction of Australian property prices, but it could be disasterous to sell at a historically low price in UK, convert at a low exchange rate and then buy a house in Australia at what might prove to be the top of the market. Renting in Australia could also be a good move for 12 months or so to see the direction of the Australian economy and house prices, before buying your new home. Link to comment Share on other sites More sharing options...
Guest girlwizz99 Posted August 22, 2010 Share Posted August 22, 2010 Thanks very much girlwizz99 - If I have any other questions would you mind me sending you a PM in the future? sorry, just saw that. of course not... I will answer any questions if I can.. Link to comment Share on other sites More sharing options...
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