Buying a new house or a place to live can be super expensive. Especially, when it comes to paying for other living expenses in life and just how quickly those can add up. Fortunately, if you have debt and are struggling or simply looking to improve your cash flow, Debt Collectors Perth can help you find a resolution to pay off those seemingly impossible debts so that you can move forward in life. This will help give you peace of mind and have a handle on your financial situation when looking to buy a house.
Now that you have a handle on your financial situation you need a plan on how to find the perfect place to live. Whether you’re looking to purchase real estate to live in or you’re looking to purchase an investment property, continue reading to discover a few handy tips on how to choose real estate in Australia.
1. Decide whether you’d like to live in a gated community or apartment, which boasts a wide array of on-site facilities
If you like the idea of being able to cool down in a community pool and to be able to work out in a fully equipped gym instead of driving to an expensive private gym, you may want to look for a property in a gated community or apartment complex. Some complex’s even offer on-site cafes, where you’ll be able to pick up a morning coffee and enjoy meals with friends.
Just keep in mind that some gated communities and apartment complexes charge weekly, monthly or yearly maintenance fees, to maintain community facilities such as pools and fitness centers.
2. Decide whether you’d prefer to live in a rural area, an urban cityscape or in the suburbs
If you plan on living in a major city such as Sydney, you’ll have to decide between paying a premium to live in an inner-city apartment or whether you’re comfortable living in one of Sydney’s safe suburban neighborhoods. Make sure to pick a neighborhood which is within walking distance of a wide variety of amenities such as grocery stores, cafes, bars, shops, and restaurants.
3. Think about your daily commute before choosing a property
It pays to look for properties within a 30 km radius of your current work place as you don’t want to spend hours each morning and evening commute to and from work.
4. Decide whether you’d prefer to purchase real estate through an agent or through an auction
If you’re not in a rush to purchase property, you may want to consider attending a few auctions, as you may be able to pick up your dream property for $10,000 less than you’d pay if you choose to purchase a property through a real estate agent.
However, if the thought of bidding for a property at auction intimidates you or you’d like a real estate agents help in finding your ideal property, it’s well worth getting in contact with a variety of real estate agents. So that you can find a real estate agent who you trust and who you believe can help you find a great property at a great price.
5. Make sure to get an independent house inspection, before signing a contract
When you’ve found a property which you’re interested in purchasing, make sure to hire an independent accredited home inspector to give the property you’re interested in a comprehensive evaluation. After all, the last thing you want to do is waste hundreds of thousands of dollars on a property which has serious structural damage, which may cost a small fortune to repair.
If you’re serious about getting onto the Australian property ladder, it’s well worth keeping the tips listed above in mind.