Deciding when to move is never easy. It's not just about buying or selling a property—it's about balancing financial realities, lifestyle choices, and future plans. In a competitive market like Victoria, where demand is steady and every decision carries weight, taking the time to think through the "big picture" can help you avoid costly mistakes and ensure your next move is the right one.
If you're considering a move, here are some key factors to keep in mind:
One of the first questions to ask yourself is: How long do I plan to stay in my next home? Buying and selling come with upfront costs—down payments, closing fees, property transfer tax, and moving expenses. Typically, it takes several years to recoup these...