Autumn is increasingly favored by Australian sellers! In fact, as long as you choose to sell your house at the right time, the price of your house will rise instantly!

According to an Australian authoritative real estate website, Domain, autumn is becoming a better time to sell real estate.

Screenshot 2018-04-23 16.07.52 Screenshot 2018-04-23 16.07.57

Industry insiders in the Australian real estate industry say that autumn is increasingly seen as an ideal time to sell homes.

“Sellers have always had this mentality, thinking that spring or summer is the best time to sell a house, that is, the end of the year or the beginning of the year.”

“But it’s not a bad idea to go in the opposite direction: if other people in the fall don’t sell their homes, this is a good time to sell your house for sale. You’ll probably get good results.”

According to the data of Domain, in the past 10 years, 26.8% of the properties were put up for sale during the March-May season. In the year ending February 2018, the ratio rose to 27.4%.

“Autumn is often determined by the Easter holidays. Sales during Easter holidays and ANZ Day holidays are particularly good, and there are a large number of real estate listings before and after.”

Domain data scientist Dr. Nicola Powell said, “Traditionally, spring is the season with the highest percentage of properties for sale, but there is not much difference in autumn.”

Fall sales are gradually improving. In the ten years to February 2018, 9.7% of home sales were achieved in March, and 8.2% and 9.2% of sales were achieved in April and May, respectively. In the past five years, the percentages in March and May rose to 9.9% and 9.3%, respectively, except for April.

Screenshot 2018-04-23 16.07.46

“We like to sell in the seasons that show the greatest advantage of the property.”

Sue Axlund, design director of Axlund & Goldstein Interiors, says that autumn really needs the house to have its own style. If you consider selling in the fall, she suggests that you take the time to think carefully about how to present the house better.

In addition, industry insiders in the real estate industry said that the key to selling properties more successfully during a specific period of the year is that the period can best demonstrate the characteristics of the property, not the type of property itself.

Although there is no accurate scientific basis for selling a particular type of property at a specific time, in actual experience in selling a house, the chance of selling a certain type of property for a period of time will actually increase the chance of getting a better price.

Here’s a summary of the better selling times for four types of properties, including the coastal, family, garden-style, and north-facing models.
Marina Real Estate
Summer sale is better
If you have a coastal property or holiday home ready for sale, it is best to choose summer because there are more potential buyers of this type.

Senior real estate consultants say that there are usually many people flocking to the beach in the summer, and these people may visit the house in addition to going on vacation.

For example, in January and even early February, the housing market was active in two holiday resorts on the Bellarine Peninsulas and the Mornington Peninsula.

Because many people come to play in these two places during this period, the flow of people at this time is large and there are more potential buyers.

In addition, during the period from February to March, the urban waterfront properties are very popular, especially apartments with outdoor space.

Family home
Avoid the best of the holidays
Home-based real estate is usually sold better when the buyer can see the home. Therefore, it is best to avoid such school vacations when selling such houses.

This is because during the holiday season, many families go out on holiday, and the sale of homes cannot get the attention of many buyers. Therefore, the sale of family-owned properties is preferred to be sold during the middle of the school semester, since family buyers are more active in this area.
With garden property
Best spring sale
For a property with a garden, the garden is its main selling point. Therefore, in the spring and autumn, the beauty of the real estate can be better reflected, which will increase the attractiveness of the house to the buyer, thus pushing up prices.

If the garden loses its attractiveness in the winter, under the conditions of withered grass, the price of the house cannot naturally rise.

Screenshot 2018-04-23 16.08.07 Screenshot 2018-04-23 16.08.02
North Residence
According to sunshine conditions
If a North-bound detached house or apartment is sold in the middle of the year, it will be more attractive to buyers.

Because of this time, the weather turns cold and the sun is low, so the northbound house will have a better daylight and will be more attractive to buyers.

Leaver a comment