What is my property worth this Spring?

Information provided by RP Data

With whisperings in the
market that real estate
is hotting up, you might like to check the value of your property and see how its value has changed over the past six months.

Spring is traditionally the season when the Australian property market experiences a boost. The onset of warmer weather and longer days give people renewed optimism when it comes to selling their property.

However, optimism alone will not sell a home. Realistic pricing, good presentation and sound advice will.

Realistic pricing
A realistic asking price is paramount in this current market. You can access a Desktop Valuation or a Free Suburb Profile on myrpdata.com.au which provides a demographic snapshot of a particular suburb as well as median house and unit property values tracked over time.

Take advantage of these other valuable reports from RP Data when conducting your own research into your property’s value:

By undertaking your own research on your property value, you can then move forward with your property transaction and negotiations with confidence.

Once you have conducted your own due diligence, it is a good idea to consult your local area expert for their opinion.

Sound advice
Through myrpdata.com.au you can access successful real estate agents and brokers in your local area - view their profiles, contact details, recent listings, blogs, videos and recent sales in one central location.

Successful real estate agents also appear in News Corp Australia’s network of national and community newspapers and property magazines.

Through RP Data’s Recent Sales program, agents can submit their recent sales and auction results. Look out for successful, local real estate agents here:

  • realestate.com.au, Australia’s most popular property website
  • CommBank Property Guide iPhone app
  • Agent websites via RP Data’s rp.connect

Good presentation
It pays to prepare your home for the impending property inspections. Prospective buyers will always pay a visit to a property before a purchase decision is made.

Clear away the clutter and personal objects, tidy up the garden and consider a neutral coat of paint, new carpets or curtains. Small touches can make a big difference to the perceived value of your property and can mean the difference in getting the price you want.

Your chosen real estate agent will also be able to advise you on ways in which you can prepare your home for sale and may even recommend a property stylist to help.

So hopefully with the onset of warmer weather, buyers and sellers alike will emerge with a spring in their step, armed with the proper research and preparation and a SOLD sticker to affix to the FOR SALE sign sitting outside your property.

Log on to myrpdata.com.au for more information.

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