House for sale

Homebuying tips for spring

In a blooming property market, forward planning could help you find your next home sooner.

Natasha Vrsecky
Natasha Vrsecky25 Sep 2024 ・ 2 min read
Home loans

As the weather warms up, so does the Australian housing market.

Spring is one of the busiest times for both buyers and sellers, often bringing new listings and increased competition.

Whether you’re looking for your first or next home, here are some buying tips to help you make the most of the season.

Get pre-approval

Home loan pre-approval is an important step to help you understand your budget and property possibilities.

In a competitive market, it could also strengthen your position by showing sellers that you’re a qualified buyer. This can make your offer more attractive when compared to those from buyers without pre-approval.

Explore your options

Spring often brings a fresh wave of listings, making it a great time to explore open houses and auctions.

Visiting properties in person allows you to experience different layouts and atmospheres firsthand. It can also be an opportunity to learn more about the things that are important to you, such as block size, natural light, and local amenities.

Look beneath the surface

While spring sunshine can enhance a home’s appearance, it could also hide potential problems such as poor drainage or leaks.

To avoid unwanted surprises, consider investing in a building and pest inspection. This could offer valuable insights into the property’s condition and help you make an informed purchasing decision.

Enhance your offer

With increased competition in the spring season, consider different ways to make your offer stand out.

Beyond price, this could include being flexible on settlement terms (where possible). Having your finances in order and being settlement ready can definitely work in your favour.

Chat with an expert

From exploring different property listings to finding a home loan that works for your circumstances, preparation can go a long way in a spring property market.

For expert lending support on your homebuying journey and beyond, reach out to your local Liberty Adviser today.

Natasha Vrsecky
Natasha VrseckyAuthor
Natasha Vrsecky is a writer at Liberty, dedicated to promoting financial empowerment. With a Bachelor of International Business and account management experience, she uses storytelling to explain complex financial concepts. In her spare time, Natasha loves working on creative projects such as painting, music, and photography.

Related Articles

Five ways to improve your chances of getting the loan amount you want
Boost your chances of getting the home loan amount you want

Small changes to your finances can make a big difference to your borrowing power.

Pros and cons of interest only home loan repayments
Pros and cons of interest-only home loan repayments

Is this payment option right for you and your lifestyle?

he First Home Super Saver (FHSS) scheme explained
The First Home Super Saver (FHSS) scheme explained

Could your superannuation be the key to your first home?