A Spring Clean Can Put a Spring In Your Property Price
Low Interest Rates Will See Positive Home Action In Spring
With the first signs of spring beginning to appear, property owners across the country are already sprucing up their homes in preparation for the traditional spring selling season to begin. Spring is considered as one of the best times to sell properties throughout Australia with the general belief that warmer weather draws potential buyers out from their winter hibernation.
Despite the cold winter conditions, property buyers have been far from dormant. As expected there has been a minor downturn in auction results during the winter months, however predictions of a winter freeze in property remain unfulfilled.
Get Prepared To Buy Or Sell
If you’re thinking of taking part in the exciting spring housing market, now’s the time to get started. For sellers it is important to present your property at its best if you want a great result. Tidy up the garden, add some spring colour around your home, and make sure your property entrance is open and welcoming. Have a general clean-up, consider throwing out or storing some of your belongings in order to make your house look less cluttered and perhaps even consider addressing some minor (or major) problems before listing - a leaking roof or peeling paint will not impress.
Buyers are able to take advantage of continued low interest rates for housing loans. With the RBA again voting to hold rates at record lows in August, now may be the right time to secure a loan for a new home or review your current mortgage and make sure you have the best deal possible before rates start to rise. You may also want to consider your options for additional borrowing for a second property either on your own or with other family members.
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