August's federal election could set the stage for a bumper spring selling season.
Angus Raine, chief executive of Raine & Horne believes the election is 'perfectly timed'.
"Australians are normally wary of buying or selling a home in the lead up to a federal election - generally, we tend to wait until the election is decided just in case there are any unforseen surprises," he said. "Winter is typically a quieter time for property sales, so an early poll will enable vendors to list in August or earlier - and won’t affect buying aspirations through the traditional spring selling season."
Kent Lardner, chief operating officer of Pricefinder, warned that the advent of the election combined with other factors could mean bad news for those looking for a quick sale.
"Sales numbers tend to decline during a federal election," he said. "This, coupled with the threat of another rate rise and the aftermath of the withdrawal of the First Home Buyers Grant will see the property market on hold."
Do you have more than $120k in your super fund? You could use your super to buy property - Find out how
Top Suburbs :
tweed heads south
Get help financing your investment
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out