Advantage Buyer – Median vendor discount hits 4.3%

This could be a great time to buy a property, as many vendors are reducing their prices to attract interest.

Vendors discounted their properties by a median of 4.3% in the October quarter, according to CoreLogic.

That compares to just 2.9% the year before, when the property boom was in full swing.

This is the sharpest level of vendor discounting since 2018.

To find out if you’re in a position to buy, click here to arrange for a chat to see what you can do?