If you’re looking to buy in 2019 you will be pleased to know that even in a ‘normal market’ there are many opportunities to achieve your property goals. So, whether you’re buying a property for the first time, investing for your family’s future or down sizing from an empty nest, 2019 is a good year to make it happen.
First Home Buyers
Sick of paying your landlord’s mortgage? Want to set yourself on the path to property ownership? With grants, exemptions and concessions on offer to those purchasing property for the first time, there are some good incentives to explore. And whether it’s a new or existing property or even a vacant block to build your dream home, there is help available. Find out more about the First Home Buyers Assistance scheme here or speak to your Agent for professional advice during this exciting time.
Investors
2019 is looking to steady the market which is a good landscape for investors to start a property portfolio or add to their already established list of addresses. For investors, planning is the key. Knowing the market, both what is available for sale as well as rental incomes of your chosen areas will save you from the expensive mistake of holding an empty rental property. Strategic property planning is a must and will pay off long term.
Down Sizers
In NSW alone it’s estimated that over half a million homes are occupied by a single person or couple with more than two empty bedrooms. If this sounds familiar it may be time to consider down-sizing. 2019 is looking like a steady market for both vendors and purchasers, so it’s a great time to stop cleaning rooms you don’t use, and start enjoying the good life in a home ideally suited to your current needs. Whether it’s a smaller property in the same area or the sea change you’ve always dreamed of, now is the time seek advice, decide what your perfect property would look like, and make a move to your new and improved future. Remember what they say, “Good things come in small packages”!
Selling and Buying
When buying and selling in the same market the headlines as to whether it’s the “top of the market” or a “falling market” don’t matter. As a vendor and purchaser in the same market prices even themselves out. At the top of the market, you get the most for your sale, but you also pay a premium for your new home. At the bottom, you will sell for a lower price, but have an excellent opportunity to upgrade! It’s all relative. In both cases, understanding your local market is essential, as is an excellent agent that will work for you to achieve the best result possible.
Thinking of selling your home?
It’s a big decision to make so getting professional advice is a good idea. If you’d like to discuss your situation and talk through the various scenarios contact Team Etchells CLICK HERE or via the details below.
Donna Etchells.
E donnaetchells@mcgrath.com.au
M 0414 553 719
D 02 9532 7000
Donna Etchells - McGrath Estate Agents 