If you’re planning your next move, one of the first big decisions you’ll face is whether to sell your current property before buying your next home – or jump on a new opportunity and sell later. There’s no one-size-fits-all answer, and with the property landscape in 2025 still evolving post-boom and stabilising interest rates, it’s more important than ever to weigh up your options carefully.

Here’s a look at what to consider on both sides of the decision.

Selling before buying: play it safe, plan with clarity

Selling your home first can offer a clearer picture of your budget. Once your property has settled and you know exactly what funds you’re working with, it becomes much easier to shop confidently for your next home.

In today’s market, where buyer demand remains steady but time on market has edged up in some suburbs – having cash in hand can make you more competitive when you’re ready to make an offer. It also reduces your reliance on temporary finance solutions like bridging loans.

You’ll also avoid the stress of juggling two mortgages at once. But the trade-off? You might need to rent or stay with family for a short while between homes, and that transitional phase isn’t for everyone.

Think about:

• Are you comfortable moving twice?

• Would renting short-term suit your lifestyle?

• Does your current home need work before selling?

Buying before selling: secure your next move first

If you’re buying in a high-demand area where properties are snapped up quickly, buying first might give you peace of mind – you’ll know exactly where you’re headed next. This strategy can work especially well when market conditions suggest prices are set to rise, helping you secure a new home before values climb further.

In some cases, buying first could also lead to a higher sale price on your existing home if the market lifts by the time you sell. But it’s not without risk, particularly if your property takes longer to sell than expected or if market sentiment shifts.

If you go down this road, it’s smart to negotiate flexible terms with your agent and solicitor. Options like a longer settlement or renting back the new property after purchase can buy you more time to sell and help ease financial pressure.

Ask yourself:

• Can you comfortably hold two mortgages for a period?

• How confident are you that your current property will sell quickly?

• Have you allowed for selling costs and any changes in lending conditions?

What’s the right move for you?

Ultimately, it comes down to your personal circumstances, finances, and risk tolerance. Whether you sell first or buy first, the key is to plan ahead, get the right advice, and have a clear strategy in place.

Chat with your local real estate professional about what’s happening in your area – some suburbs are still hot, while others are shifting towards a more balanced market. They can help you time your move, understand buyer trends, and guide you through the steps with confidence.

Thinking about your next move? Let’s map out the best strategy together. Get in touch today and I’ll help you navigate the market with clarity, confidence, and a plan tailored to your goals.