“Should I buy now or wait?” is a question we’re being asked more frequently, and the answer really depends on your individual circumstances.
For those buying and selling in the same market, it’s worth remembering that market conditions work both ways. What you give up on your sale, you could potentially make up on your next purchase. More importantly, it’s about considering your priorities, your stage of life and the lifestyle you want to enjoy. If the right property comes along at the right price, are you ready to make the move?
With listings across Perth now surpassing 8,000, buyers have more choice than we’ve seen since late 2022. We’re also seeing some excellent opportunities emerge among properties that have been on the market a little longer, where sellers have adjusted their expectations to meet the market. It’s well worth revisiting homes you may have previously overlooked, as they may now represent good value. Please see our What’s New section below for recent pricing updates.
At the same time, rental availability remains tight, with properties for lease still sitting below 2,000 and 9.3% lower than this time last year. With fewer rentals to choose from, that may also be worth factoring into your decision to buy.
Here at White House, we’ve launched eight new listings to market this week, offering even more choice across a range of properties and price points.
Ultimately, trying to perfectly time the market is difficult. Finding the right home, at a price that makes sense for you, is often far more important, so it’s good to be organised and ready to act when the right one comes along.
If you’re considering your next move, we’d love to help you explore your options and make a decision that feels right for you. Please reach out for a confidential discussion. We are here to help.
