It is without question that the real estate market is slowing and the reduced prices in the capital cities, has vendors & buyers “sitting on the fence”.

The market is being analysed by numerous industry experts and the proliferation of online market comparisons that are accessible by the wider community, it is no wonder that vendors and buyers are hesitant to act.

Factors that have had a notable effect on the market include the recent federal election resulting in new government, interest rate increases and inflation and media chatter.

Data, statistics and advice can be misconstrued or misrepresented which proves a mass of conflicting information and thereby “Paralysis by Analysis”.

If you are buying and selling in the same market then nothing changes. The vendor can not expect to get a higher than market price for their property whilst expecting to pick up a bargain when purchasing.
By all means, research the market by looking at actual sales prices in your area, seek advice from trusted and informed sources and put one foot in front of the other towards the next chapter of your property ownership