Whilst we may still be in a pandemic, the question on whether now is the right time to buy is one that has been coming up frequently lately. It’s hard to make predictions, especially about the future, but it is even harder to predict where the market is going to be a month or a year from now!

However, there has been quite a large increase in the property market mood, with more buyers and sellers developing the confidence to work their way through the current conditions in which Australia is left with during the coronavirus pandemic.

Demand for houses is 32.9 per cent higher than a year ago and for units it has increased by 29.7 per cent.

Strategic investors are seeing a window of opportunity within the Australian property market and are putting themselves in a better position for their financial future. By speaking with their financial advisors and doing the appropriate research, they are already prepared to jump on these properties as they become available sooner rather than later.

Melbourne house prices are now on the move and up 0.3% over the last week.

So we ask the question again, “Is now the time to buy?”…

We truly believe, that NOW is the time to take action and get yourself on the right financial track, so that you can be prepared to take advantage of these opportunities as they start to arise within the property market!

What does that mean? It means getting in touch with our team to discuss your options today. We can tailor a personalised Action Plan & Scenario for you so that you know exactly what kind of position you are in.

From there, our team can get you house hunting ready with a Pre-Approval, a very valuable tool to have when it comes to putting in offers on properties, as you have all of your ducks in a row!

Want to get started today? Get in touch with our team at info@futurefinancegroup.com.au or call us on 03)8657 8664.

 

Sources:
1. https://propertyupdate.com.au/australian-property-market/?mailchimp=true
Disclaimer: This article provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply.