September 2014 Update
2013 - 2014 eofy Holding expenses
IP cost me $27 per week after tax to hold.
To sum it up:
I'm thinking I will hold my Dianella for a while longer as currently I'd be lucky to get between $15,000 - $25,000 profit. It's just not worth selling when I'll make such a small profit and it's not costing me much to hold. I may look at selling when I'm ready to invest again in a few years time, or if I find I need the cash in my bank account for SANF.
Tenant is leaving January 20 and I will have to drop the rent $20 pw from $290 pw to $270 pw. I can't afford to hold it (along with my new ip I just bought) and move back in to my place in Highgate so I'm going to sell.
The other unit sold a few weeks ago for $230 k. I might have to lower my expectations of the amount I can sell it for. I reckon I'd be happy to make a & 15 - 25 k profit now!