What sort of buyers look for properties in January?

What sort of buyers look for properties in January?

The buyers who tend to look for a property in January fall into a few categories:

  • Expats
  • Downsizers
  • First home buyers
  • Investors

Expats who are in town to visit family and friends over the holiday period will often take the time to look at properties with a view of returning to Sydney.

Downsizers looking to start 2004 by transitioning from a big family home to a spacious modern apartment are also on the hunt for their perfect final property.

First home buyers, energized after New Year’s celebrations, are ready to say goodbye to rent and pay a mortgage instead. With the significantly higher cost of rent in 2023, which is set to continue and possibly even increase in 2024, those who can afford to buy will.

This is also good news for investors and will inspire those looking for an investment property to return to the market. They can get an exceptional return on their investment.

Clearly, there’s currently a lot of incentives for various segments of the market to buy, which is fantastic for those who want to sell.

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