Good Time to Sell Lower Priced Properties

If you are the owner of a house or unit valued at around $400,000, now may be the perfect time to sell, according to new research.

A recent survey suggests that first home buyers and investors are looking to get into the market at around the $400,000 mark. They are mainly looking at properties within 10 to 15 kilometres from major cities, where there are established communities, transport links and amenities.

What is significant to note, is that the interest rate cuts have really impacted the market, particularly around first home buyers. It is predicted that the market will continue to strengthen, especially as we move into the key buying season, and more and more young buyers will enter the market by purchasing these lower-priced properties.

The market is really beginning to heat up, and good property, especially in the lower price range, is selling quickly. So if you have a property you are looking to sell, now is certainly a good time!