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C&G’s Guide to Selling Your Home this Autumn
Hello March, and hello Autumn! Has the change in weather got you thinking about putting your property on the market? This season enjoys great conditions for selling. We outline some of the best reasons for selling your home in Autumn in our latest C&G blog – have a read!
Summer is over
Autumn follows hot on the heels of Summer and the Christmas frenzy. If your prospective buyers have made a New Year’s resolution to purchase a new home, they will have spent their holiday researching the market and prepping finance. You’ll be dealing with more serious buyers who aren’t motivated by the mad rush of Spring’s market.
The market is still going strong
The recently slashed interest rates have already positively impacted upon the housing market, with a flurry of deals closed throughout January and February. If there is anything that’ set to encourage more buyers onto the market, it’s the recent announcement of an even lower rate of 0.50% from the Reserve Bank of Australia! You could be attracting patient investors who have been waiting for the perfect opportunity to purchase or first home buyers who are ready to put their foot in the ownership door.
It’s a sellers’ market
If you were to wait and sell your home in Spring, you would be entering the busiest cycle in the property market and be competing with multiple properties possibly similar to yours. Buyers would have somewhat of an advantage – as they’re spoiled for choice! In a seller’s market, buyer demand is high, supply is diminishing and vendors can leverage their marketing strategy to achieve a stellar result.
So is the weather
We can’t guarantee there’ll be no rain – it’s Melbourne after all – but you will want to host your inspections before Winter comes along. Not all buyers may be willing to stand in scorching heat or battle windy rains, and this could prevent them from seeing the full potential of winning features like your garden or outdoor terrace. In Autumn both weather and temperature are generally constant, and you can showcase outdoor areas against beautiful clear skies. With the right upkeep across Summer, it’s possible that your garden will be colourful and lush as Autumn rolls on.
Ready to take the next step?
Chisholm and Gamon are Bayside’s leading agency and our team is well-versed in all areas of sales and can guide you in the right direction regarding your asset. Thinking about putting your property on the market this Autumn? Talk to us today!
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