Buyer demand is heating up
This spring season, the market has come back to life.
There are more listings, more people attending open homes and an auction clearance rate of over 70%.
The fundamentals haven’t changed. If you present a property well, market it correctly and position your price accordingly, you’ll get the results you’re after.
While supply has increased, prices remain steady or on the rise. So, if you’re looking to buy, don’t wait. They’re unlikely to go back down in the near future.
And if you’re looking to sell, between mid-November and mid-December might be a good time, as there will be less stock, more demand and most likely higher price points.
There are still plenty of first home buyers looking to get into the property market, Downsizers are actively looking for high-quality, low-maintenance homes. And due to recent rent rises, investors are back on the hunt for a solid investment property.
It’s all looking very positive in the lead-up to Christmas.