Investment Property Sales
Selling An Investment Property In Adelaide
By investors, for investors.Selling an investment property in Adelaide is a different job from selling your home. There is a tenant and a lease to work around, two kinds of buyer to choose between, and a tax bill to plan for. We own investment property ourselves, so we plan the sale the way an investor would.
- Five-star reviews
- 150+
- Years in Adelaide
- 12+
- Appraisal, no obligation
- Free
- Costs agreed before you list
- Written
Tenanted Or Vacant
The First Decision
Neither is always right. It comes down to the property, the lease and who is most likely to buy it.
Selling With The Tenant In Place
The rent keeps coming while you sell, and an investor can buy it with income from day one. The trade-off: inspections fit around the tenant’s rights, the home is presented with someone else’s furniture in it, and buyers who want to live there have to wait for the lease to end.
Selling It Vacant
You can present it at its best, open it whenever suits, and widen the field to people who want to live in it. The trade-off: no rent while it is on the market, and the tenancy has to end properly first, on the terms the law and the lease allow.
The Lease And The Tenant
Your Tenant Has Rights. Plan Around Them.
Selling doesn’t end a lease. If the property sells with a tenant in it, the buyer takes over the lease at settlement on the same terms. If you want vacant possession, check what the lease and South Australia’s Residential Tenancies Act allow before you promise it to a buyer.
While the tenant lives there, it is their home. They must be given proper written notice before inspections and open homes, and there are limits on how often and when. Photos need care with their belongings and their privacy.
Most of this goes smoothly when the tenant hears about the sale from us early, before the sign goes up, and knows what to expect. A tenant who is on side keeps the place ready to show.
Timing
When To Sell A Rental
Three clocks are running, and they rarely line up on their own.
The lease
When the fixed term ends, and whether the property would sell better tenanted or vacant, decides a lot of the rest.
The market
How many similar properties are listed, and how active investors and home buyers are in your price bracket.
Your tax year
For capital gains tax the contract date generally counts, not settlement. Ask your accountant which side of 30 June suits you.
Who Buys It
Investors Read The Numbers. Home Buyers Read The Kitchen.
An investor wants the rent, the lease terms, the condition reports and the outgoings: rates, water and any strata levies. Give them those up front, and they can make a decision without three rounds of questions.
A home buyer wants to picture living there. That means a clean, empty or well-presented property, good light and inspections at times that suit them.
We work out which buyer your property suits best and market it to them, through the portals and to the buyers on our database. Because we invest ourselves, we know what an investor buyer looks for.
What Selling Costs
The Cost Is Known Before You List
We charge a commission on the sale price, and the campaign has a marketing budget. Both are agreed in writing in the sales agency agreement before the campaign starts. For an investor that means the selling costs are known before the sums are done: put the expected price, our commission and the marketing into our sale proceeds calculator and see what you’d walk away with.
Before You Decide
Worth Reading Next
Free Property Appraisal
What it would sell for, and the recent sales behind the figure.
Thinking Of Keeping It?
Check what it should rent for before you decide to sell.
Selling With Axiom
Market knowledge, marketing and our database of buyers.
From Our Clients
What Our Clients Say
Based on 150+ five-star reviews across Google, RateMyAgent and Facebook
Amir is very professional and made the sale of our unit a very easy exercise. Thank you from very happy clients.
Roy Kelly: Amir is very professional and made the sale of our unit a very easy exercise. Thank you from very happy clients.
Investor Questions
Selling An Investment Property: FAQs
Can I sell my investment property with a tenant in it?
Yes. Plenty of rentals sell with the tenant in place. The lease carries on through the sale, and the buyer takes over as landlord at settlement. Some investors prefer it, because the income starts on day one.
Does selling the property end the lease?
No. A sale on its own doesn’t end a lease. Whether and when a tenancy can be ended is set by South Australia’s Residential Tenancies Act and the lease itself, so work out your options before you set a settlement date that depends on the property being vacant.
Can buyers inspect while the tenant is living there?
Yes, but on the tenant’s terms as the law sets them: they must be given proper written notice, and there are limits on how often and when. We arrange inspections around the tenant, and a tenant who is kept in the loop usually makes them easier.
Should I sell tenanted or vacant?
It depends on who is most likely to buy it. A unit with a good tenant and a solid lease often suits an investor buyer. A family house that people would want to live in may do better vacant and presented at its best. We’ll give you our view for your property, with the reasons.
Should I sell, or keep renting it out?
Put the two side by side: what it would sell for, and what it earns and costs to hold. A free property appraisal and a rental appraisal give you both sides, and our investment cash flow calculator does the sums. Your accountant can tell you how tax changes the picture.
Will I pay capital gains tax?
Usually, when you sell an investment property for more than it cost you. How much depends on how long you have owned it, how it is owned and what you have claimed along the way, which is a question for your accountant. Ask them before you sign a sales agreement, not after.
Free Calculators
Run The Numbers
Quick estimates to the South Australian rules, worked out from the official sources.
Sellers
Sale proceeds calculator
What you’ll walk away with after the agent’s fee, marketing, conveyancing and the mortgage.
Buyers · Landlords & investors
Stamp duty calculator (SA)
Conveyance duty on a South Australian purchase, with first home buyer relief on new homes.
Buyers
Buying costs calculator
The cash you need on the day: deposit, stamp duty, conveyancing, inspections and the rest.
For illustrative purposes only. These figures are estimates from what you enter and general assumptions; they are not financial, tax or legal advice and must not be relied upon. Seek independent financial advice before making any decision.
Selling A Rental?
Start With What It’s Worth
A free appraisal, our view on tenanted or vacant, and our commission, in writing.
A real team in St Peters, not a call centre.- Investor-owned agency
- Selling costs in writing up front
- Family-owned, local since 2014
