It’s Feeling Like 2020 Again… And That Might Be Exactly Why You Should Be Buying Right Now

The headlines right now feel heavy.

Global uncertainty is back in focus. Ongoing conflict in the Middle East, rising interest rates locally, cost of living pressures, petrol prices climbing, and political instability with an election on the horizon. It’s no surprise buyers are feeling hesitant.

We’re hearing it every day.

“Should we just wait this out?”

“Feels a bit uncertain… maybe we hold off.”

And it’s understandable, because we’ve seen similar before.

Cast your mind back to 2020.

At the time, uncertainty was at levels we hadn’t experienced in decades. COVID had just hit, lockdowns were rolling out, and the overwhelming sentiment was fear. Buyers paused. Many stepped back completely, waiting for “clarity.”

But what actually happened next?

The property market didn’t crash.

It surged.

Those who waited for certainty watched prices run away from them. Those who acted, despite the noise, secured incredible opportunities.

And that’s the key point: uncertainty doesn’t stop markets. It reshapes them.

Right now, we’re seeing a very similar pattern beginning to play out.

Buyers are cautious. Some are stepping back. Confidence isn’t at its peak.

But underneath that… conditions are quietly shifting in favour of those who are prepared.

We’re seeing more stock come to market.

We’re seeing days on market stretch slightly.

We’re seeing vendors becoming more realistic.

And importantly, we’re seeing less competition on the ground.

That combination creates opportunity.

In fact, just this month, we’ve had multiple scenarios where clients were preparing to rent their properties out before moving in, simply based on where they thought the market was.

But through strong negotiation and understanding of true value, we secured those properties at levels that allowed them to move straight in instead.

Same buyers.

Same budgets.

Different outcomes, purely based on timing and execution.

This is exactly what uncertainty does.

It creates a gap between perception and reality.

Most buyers are focused on the headlines. The best opportunities sit behind them.

Now, this doesn’t mean everyone should rush out and buy.

Your personal situation still matters more than anything. Finance, job security, long-term plans, those fundamentals always come first.

But if your situation hasn’t changed… if you were in a position to buy six months ago and you still are today…

Then the question becomes:

What are you actually waiting for?

Because “certainty” rarely arrives in the way people expect.

By the time the market feels safe again, competition is back, urgency returns, and prices have already adjusted.

We’ve seen it time and time again across nearly two decades in the Melbourne market, especially throughout the Eastern suburbs.

Every cycle brings hesitation.

Every cycle rewards those who act when others don’t.

And every cycle leaves a group of buyers saying the same thing in hindsight:

“We should have bought earlier.”

Right now isn’t about panic buying.

It’s about recognising that opportunity often sits in periods where others are unsure.

If your situation is stable, your strategy is clear, and you’re well advised…

This could be one of those moments.

Because while the world feels uncertain, the best buyers know that’s often exactly when the market quietly starts moving.

Share This Post

Want to discuss how Abode Advocacy Group Can assist you?

Happy Clients

Contact Us

Our hours:

Mon – Fri: 9:00 AM – 5.30 PM
Sat: 9:00am – 3:00pm

Contact us: