Far out I talk fast in this video about options to buy a property before you’ve sold your last one!
Here’s the options spelled out for you to refer to while I’m talking at rapid pace.
Option 1. Sell first, and then hope you can find something to move into
Option 2. Make an offer subject to sale.
Option 3. With strong equity in your property you might be able to get bridging finance (where you can get a lender to take on your property you’re selling for the period of time until it sells)
Option 4. Investigate an option where you look to show you can rent out your current property.
Have a chat with your broker about what options may suit your needs.
If you’re trying to estimate your profits from sale, check out this blog which works through some simple calculations to figure this out: https://www.uploans.com.au/blog/2020/10/15/heres-a-quick-way-to-estimate-your-profits-from-sale/