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The
Propertybuyer

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Hear the latest weekly insights into the property market via podcast by Rich Harvey, CEO and founder of Propertybuyer.

 
Fri 3 May '24 with Rich Harvey Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24 with Rich Harvey How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24 with Rich Harvey Why Invest in Melbourne?
 
 
Mon 26 Feb '24 with Rich Harvey Sydney’s Inner West – Hotspots and Outlook for 2024
 
 
Mon 12 Feb '24 with Rich Harvey Decoding Sydney’s North Shore Market – Outlook and Opportunities.
 
 
Sat 27 Jan '24 with Rich Harvey Home Buying in the Eastern Suburbs – A personal journey
 

 

Listen to many more
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Propertybuyer Blog
Property advice, market updates & more

 

When is the Christmas deadline for buying property?

October 13, 2016 / Written by Rich Harvey

 

 

By Rich Harvey, CEO, propertybuyer.com.au

We're about 10 weeks out from Christmas. For house hunters across Sydney, that might seem like plenty of time to sort everything out. With listings surging and plenty of activity, you can take your time with the property search - right?

Not necessarily. If you want to move in before Christmas, it might be time to start moving.

Think about your settlement period

If you want to move in before Christmas, it might be time to start moving.

Usually, buying Sydney property involves a settlement period off about six weeks. This means that if you want to move in before Christmas, you have around a month to find and secure the real estate of your dreams.

Working with that six week window, that means roughly mid-November would be the cut-off date for entering a settlement period. Of course, this can be negotiated to be shorter with the vendor - something a buyers' agent can give you some help with.

And if you don't have that much time?

Don't feel like this is a concrete deadline, however. If you don't want to move pre-Christmas, don't force yourself. It is also important to note that the property market usually shuts down for a few weeks after Christmas, so you may be hard-pressed to get anything done until mid-late January.

Auctions will runs right up until Christmas, giving you an opportunity to secure some excellent Sydney property at the last minute - but conveyancing and inspections may have to wait until the summer break is over.

How do you find property on short notice?

Although the spring property rush is on the cusp of dying down, there is still plenty on the market for you to look at. Listings are strong, and CoreLogic RP Data has recorded clearance rates approaching 100 per cent for many areas, including the prestige spots of Eastern Suburbs and Northern Beaches.

The eastern suburbs are seeing a lot of activity on the auction market.The eastern suburbs are seeing a lot of activity on the auction market.

When you want to find the right real estate in Sydney before the holidays, a buyers' agent can be your best option. We have an extensive list of contacts for properties both on and off the market, and can provide you with a shortlist of homes that suit your exact needs.

There's no need to be hasty with the market - whether you're looking for a profitable Australian property investment or a wonderful home to live in. Use a professional buyers' agent to give yourself a bright start to 2017.

The Propertybuyer
Podcast

 
Fri 3 May '24
with Rich Harvey
Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24
with Rich Harvey
How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24
with Rich Harvey
Why Invest in Melbourne?
 
 
Mon 26 Feb '24
with Rich Harvey
Sydney’s Inner West – Hotspots and Outlook for 2024
 
 
Mon 12 Feb '24
with Rich Harvey
Decoding Sydney’s North Shore Market – Outlook and Opportunities.
 
 
Sat 27 Jan '24
with Rich Harvey
Home Buying in the Eastern Suburbs – A personal journey
 

 

Listen to many more
podcasts on our
Podcasts page.