The Australian property market has been hot news all over the globe due to its consistently rising house prices—which is ideal for sellers but not so much for first time buyers.
This means if you have been pondering the question on whether to sell your home—now is the time—as the Queensland property market and the Australia wide property market are at a record high. Did you know house prices in Sydney are rising by approx $1,145 per day?Outrageous! But fantastic for those who want to sell. It’s truly a sellers market in Australia right now and particularly Queensland—so capitalise while you can—as shifts can happen overnight that have the potential to affect the Queensland property market.
Queensland real estate is a competitive landscape right now—with Queensland property sellers being presented with huge opportunities to gain from listing their homes for sale now.
What month is the best time to list my Queensland home for sale?
With the market skyrocketing right now, now is as good a time as ever to list your home for sale in Queensland. However, research from realestate.com.au would indicate there is, in fact, a statistically proven best time to sell your home and it’s rapidly approaching.
Across Australia, sales in November have been almost 6% higher than those in January, the statistically cheapest month. This indicates the end of the year may be the best time to sell your Queensland home— so aim for September, October and November. Spring is tipped to be one of the biggest property sale periods in Queensland. Key barometers such as the levels of buyer enquiries and the number of registered bidders per auction, all indicate that this momentum will continue in Spring 2022.
Why is spring selling so popular in the Queensland property market?
Mostly, selling in spring caters to lifestyle needs of the Queensland sellers. People want to sell their property and settle before Christmas as the ‘silly season’ can become overwhelmingly busy. According to CoreLogic data, on a historical 10-year average basis, about 42,100 properties come to market per month across Australia. This jumps to 48,700 per month during Spring.
Though we can expect to see an increase in Brisbane, the dwellings sales to new listings ratio in 2022 is currently sitting at an all-time high. In saying that—winter home sales in Queensland have gone from strength to strength in the past two years so it’s recommended if you have the means to get in early and list your Queensland home now—do it! The Queensland property market is thriving and currently at its peak—so you’re guaranteed to capitalise!
What about the winter property market in Queensland?
As the Queensland weather is beginning to cool, the Queensland property market is hot property nationwide! Each year many Melbourne and Sydney buyers hunt for their warmer Queensland holiday homes during this period as they want that tropical Queensland escape. There is about to be a frenzy of interstate buyers on top of the extensive local buyers this winter in the Queensland property market, so if you’re a seller get involved. Due to the pandemic thousands of interstage residents decided to move north. The latest Australian Bureau of Statistics figures show almost 4000 people moved to Brisbane from Melbourne in the first three months of 2021, and around the same number migrated from Sydney.
How can I make sure I make the most profit on my Queensland home sale?
Firstly, deciding to list now while the Queensland property market is bustling is a great start. Minimising your overheads and cutting out the middleman who eats into your profit unnecessarily is the next step. This means opting to sell your home without a real estate agent who can pocket in excess of $25k from the sale of your home. You don’t need to pay agent commission fees if you sell your home through Own My Home which offers a step-by-step, easy to navigate approach to selling your own home and saving thousands in the process.
What are the benefits of selling your home privately?
Some of the standout benefits of selling through own my home, means that you can:
● Save in excess of $25k on real estate commissions.
● Ensure you settle on the highest offer by overseeing your sale.
● Save thousands on professional marketing packages.
● Attract more buyers and pay less.
● Follow a simple step-by-step approach with professional advice and services.
● Simply pay one upfront payment with no hidden fees.
