Why EOFY Matters in Real Estate
As we approach the end of financial year (EOFY), the property market tends to see
increased activity. For sellers, it’s often a push to close transactions and realise gains within the financial year. For buyers, especially investors, EOFY can mean sharper pricing and the potential to align property purchases with tax strategies.
What Buyers Should Consider
Buyers should check with their broker or accountant about the benefits of settling before
June 30. Things like depreciation schedules and capital gains strategies can make timing
crucial. EOFY is also a popular period for loan pre-approvals, so it’s best to get in early to
avoid lender delays.
What Sellers Should Do Now
Sellers who act early in June can take advantage of limited competition. Get photography
booked, contracts drawn up, and disclosures in place so you’re ready to go. Your
conveyancer can help speed up contract reviews and negotiate special conditions if needed.
Settle Easy Tip
Whether you’re buying or selling, EOFY is a great time to lean on expert advice. Our team
ensures deadlines are met and paperwork is airtight—especially when timelines are tight.
