Finding and securing premium Perth homes and investment properties for busy professionals. Independent and confidential. https://propertywizards.com.au
2. 1. Your investment
purpose
• Family home to live in – this can also be treated as an investment
• Investment property for yield or rental return
• Investment property for capital growth
• Add-value property for subdivision or development
3. 3. Create a Budget
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A realistic budget needs to be made to meet the
buyer's needs. It restricts the search as per the
budget filter, saving a lot of time. People often end
up buying properties over the budget, which causes
a lot of trouble in future. It is better to have a
defined budget and stick to it. Or they may spend a
lot of time looking at beautiful homes they can’t
afford and that time is wasted.
4. 1. Know your exact needs
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Understanding what you need in your future
house helps you search for the right home. It
should be able to meet your exact
requirements, whether current or prospective.
A family house is completely different from a
bachelor's pad. Likewise, your needs differ, so
the properties will also differ. You should be very
transparent about your needs with your agent
5. THE ORIENTATION OF THE PROPERTY CAN ALSO BE
RELEVANT. FOR INSTANCE, THERE ARE BENEFITS IN HAVING
LIVING AREAS WITH A NORTHERLY ORIENTATION TO GET
MORE BENEFIT FROM THE SUN. INDEED, SOME PLANNING
AND DESIGN RULES REQUIRE THIS TO BE CONSIDERED.
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6. SHAPE AND SIZE OF
YOUR PROPERTY
You will need to ensure the land size and zoning
is sufficient to enable you to build the number of
units you have in mind. The shape also affects
the number of units that can be designed, the
costs and the resale appeal. A rectangular site are
generally the ideal shape and a corner block is
often the ultimate prize.
7. Prepare a list of properties
It is easy to just pick out properties, but creating a
thorough list is difficult and a very long process. A
buyer's agent will help search in the right way and find
the best options to consider becoming your dream
home. The length of the list is not important. Rather
the quality of the list matters in this case. To identify
the best suitable match, one needs to understand your
requirements in detail.
8. 4. Hire a buyer's agent
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The best way is to outsource the load to a
professional who will help you understand
your needs, find the most suitable match and
properly complete the whole process. A
buyer's agent will help you find your dream
house easily and will help you to save money
through professional negotiation.
9. Home Buyers are the most vulnerable party when it comes to buying a house. And finding
your dream home is one of the most challenging tasks. It becomes more complex when
you try to do it on your own. But, asking for help is good, and you can request a
professional. A buyer's agent is there to serve you and help you find the right solutions.
They will have a dedicated team to offer you solutions and make it easy. Here are some
expert tips while Buying a Home in Perth.
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10. DOES THE COST MATCH THE
CURRENT MARKET PRICE?
Choosing the property development site starts
with a feasibility. Once you have a site you like,
you need to research the recent sales prices of
similar development sites and completed units
in the chosen area and compare closely with
your chosen project. In some cases, a cheap
property appears to be attractive. However,
you may need to invest an additional amount in
other things, such as retaining walls or
relocating street trees.
12. We quickly refine our search down from a total pool, often in
excess of 12,000 properties, to just a handful of outstanding
properties based on our tough selection criteria.
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14. PROPERTY
PRICE
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Check that the price you pay is not greater than prices
moist recently paid for similar properties. This may require
you to track the market for a while, visit home opens and
later record the prices at which the properties sold.
It is only by this comparison that you can truly know the
right prices. Otherwise, you may pay to much. Or miss out
good properties because you are offering too low.