Spring is often touted as the optimal season to sell your home in Australia, with its warm weather and blossoming gardens. But with the upheaval of recent years, a shift in economy and tightening interest rates, the real estate market is active all year round. No matter the season, there are always buyers looking for their next home.
Why not take advantage of the crisp autumn weather to prepare your home for sale and benefit from the strong demand in the residential market?
We explain why autumn is the new spring in the Australian housing market.
Less competition
With most vendors believing that spring is the time to sell, some people will sit on their hands and wait until September, when the market will be flooded with options for buyers and create a frenzied atmosphere.
In autumn, however, less properties on the market help drive buyer competition, creating a “seller’s market” and maximising a vendor’s chance of achieving the best price and outcome possible.
Come autumn time, the summer holidays are a distant hazy memory, kids have returned to school, and everyone is carrying on with the normal pace of their lives. This return to routine can also signal the shift of focus towards big life decisions, which includes buying a property.
Capitalising on the quiter autumn and winter months will capture buyers who are highly motivated to transact before the start of the new financial year, particularly if they want to take advantage of any government schemes or incentives.
Pleasant weather
Autumn in Australia hits the sweet spot of low humidity, sunny skies and fresh cooler days. The selling process is more pleasant for everyone involved, with no one having to battle through muddy front lawns or downpours during inspections or auctions.
Nature shines
At the heart of it, buying a property is an emotional affair, and what other season can better evoke a nostalgic and cosy ambience as deciduous trees put on a show with their changing colours in autumn? Well maintained gardens can add to the kerbside appeal of your home, creating unforgettable facades that capture the attention of potential buyers.
Autumn also presents an ideal opportunity for buying and selling homes in regional or rural areas, especially with lifestyle properties in picturesque settings. It's hard to resist the allure of the countryside during this time—taking leisurely walks amidst colourful fallen leaves on brisk mornings, or enjoying a glass of wine beside a crackling fireplace in the evenings.
The best time to sell your home is not only dependant on season but market factors. As a national business, our expertise extends from coast to coast, giving you unparalleled local market knowledge.
Speak to one of our local agents today to find out what your home could be worth.