Spring Property Market: How to Prepare For the Selling Season

With over six weeks until Spring, many might think it’s too early to focus on the property market. But the latest CoreLogic findings show Australia’s housing landscape is already on the move.

What do you need to know?

National dwelling values are up 1.4% over the last quarter, and annual growth now sits at 3.4%.

Capital cities like Sydney, Brisbane, Adelaide, Perth, and Darwin have reached new record-high dwelling values. Regional areas are also outperforming many metro markets.

Activity is ramping up, even though there are fewer new listings and properties are taking a little longer to sell than last year.

Supply might be tightening.

New listings are down -11.7% compared to last year, even as national sales volumes rose 2.7% over the past twelve months.

Buyers are facing strong competition, with the median time to sell now around 35 days, and weekly auction clearance rates averaging an impressive 64.8%.

For investors, gross rental yields remain solid at 3.7% nationwide, but rental growth has moderated, rising 3.4% annually.

These insights highlight why acting early gives buyers, sellers, and investors a true advantage.

The weeks ahead offer a unique window to organise your finances, research the market, and ensure you’re ready to act as soon as the spring rush begins.

Why Early Preparation Matters

Spring is the busiest season in Australian real estate. Properties change hands more quickly, there’s greater demand, and competition increases across the board. Planning ahead positions you to move quickly on opportunities and make sound decisions with confidence.

CoreLogic’s latest figures show that despite optimistic annual growth, market conditions can shift quickly. Acting early helps you navigate competitive conditions, especially with fewer properties coming to market and more buyers competing for limited stock.

Step 1: Secure Loan Pre-Approval

The first and most crucial step for buyers is to secure loan pre-approval well before the spring market heats up. Lenders experience higher demand in spring, which can mean longer processing times for approvals. By starting now, you not only demonstrate to sellers that you’re serious, but you’ll also move faster than other buyers waiting for finance.

• Tip: Speak with our expert Mortgage Brokers to explore your borrowing options, to ensure you receive guidance tailored to your specific goals and financial situation.

Step 2: Conduct In-Depth Market Research

Knowing where and what to buy or sell is key. Spring brings both more listings and more competition, so informed decisions are essential.

• Analyse Market Trends: CoreLogic reports that growth has been strongest in capitals like Brisbane, Perth, and Adelaide, each seeing quarterly value increases of at least 1.1%. Consider these trends and recent sales when choosing your area.
• Check Recent Sales: See what comparable homes are selling for to refine your price expectations as a buyer or seller. Data shows national sales volumes are up, but with fewer listings, properties in sought-after areas are moving quickly.
• Understand Demand: Identify the suburbs and property types experiencing high demand, noting that properties are taking a median of 35 days to sell, up from 29 days last year.

Step 3: Understand Your Competition

Spring’s flurry of activity means you won’t be the only one looking to buy or sell. The best results go to those who plan and adapt.

• For Buyers: Be flexible with locations and property features, consider neighbouring suburbs or different property types to broaden your search.
• For Sellers: Price your property wisely to stand out from competing listings, especially as auction activity remains high with clearance rates well above the decade average.
• For Investors: Take note of eased rental growth and steady yields. Target suburbs with real potential for capital growth, not just short-term popularity.

Spring 2025 will be a season of opportunity for those who prepare early and seek the right advice.

By securing pre-approval, researching the evolving market and understanding your competition, you will position yourself for the very best results.

Australia’s property landscape is dynamic: dwelling values are rising, stock is tightening, and both buyers and sellers must be nimble. Let this season of change be your chance to move with confidence.

Don’t wait for Spring to arrive. Contact us today and today to take your first step toward a successful property journey.