If you own a property this post is for you. It’s all about understanding and knowing the property cycle and the sections within each quarter so you can understand when it is a buyers market, sellers market, landlords market and tenants market.
The property cycle is not just about boom and bust, it flows smoothly from one to the other with a mixture of stages in between including changing rents changing contractor availability and change employment numbers. Many factors contribute together to create a changing property market.
By understanding these micro stages you can make smarter property investment decisions not only went to buy and went to sell, but when to renovate when to live-in, when to use as an investment property and many more that come with good proper ting investing and ownership.
Blow your find one of the best breakdowns in the property cycle; you will find that all of the information in this property cycle can be easier found at the Australian Bureau of statistics and other websites such as realestate.com.au and domain.com.au.
- Sellers market top half
- Buyers market bottom half
- Renters market right half
- Landlords market left half