A property market downturn is a great time to upgrade your home. Upgrading is less expensive as the gap between your current property and the one you aspire narrows.

If you’re thinking of taking the next step into a new family home, one of the big questions to consider is whether you should you buy or sell first?

This process can become a logistical nightmare that causes many a sleepless night.

The answer will depend on your finances and tolerance for risk. So what is the right decision for you?

David Johnston, Founder and Managing Director of Property Planning Australia, shares his insights in Daniel Butkovich’s article “Should you buy or sell first? Experts reveal the best strategies for upgraders” for Domain.