Spring is definitely the time and season when there is a stir and freshness in the air… The birds are chirping, young are being born and many people are coming out of hibernation from the Winter months. It is a time for spring cleaning, getting active and planning. If you are thinking about buying or selling now is the time.
SELLING AN INVESTMENT PROPERTY
Research and past sales results in the industry have shown that if you are considering selling then Spring is the time to list your property on the market. Don’t leave it too late when the market is flooded with opportunities.
Be the first to capture the interest of buyers.
If you are looking at selling take the time to prepare and present the property to ensure that you do everything to position yourself for a quick sale. Our friendly sales team can discuss what you need to do before marketing and advertising the property.
EXPANDING YOUR INVESTMENT PORTFOLIO
With an abundance of new properties coming on the market, Spring is also a great time to consider expanding your portfolio. The equity in your current property/s can often require no capital investment from you to purchase the property.
If you are thinking about purchasing another investment it is always important to do your own research. Consider the type of tenant you would like to attract (a family, sole tenant or couple, etc.), and then choose a home that is likely to appeal to that demographic.
Look for a low-maintenance property as it will make life much easier for both you and the tenant, and will minimise the effort and cost involved in the upkeep of the home.
The market is turning and there are many buyers looking.