Buyer’s Guide

The decision to buy a property is an important and at times complex process. Buying a home can be an emotional experience as well.

The best way to navigate through the buying process is by getting the right kind of information and advice from the right consultants and experts when you need it. A good agent will ensure this occurs to ensure you make the right decisions along the way.

To assist you with this process download checklist here: Buyer Due Diligence Checklist



Start by deciding what type of property you want to buy and where you want to buy. Think about the kind of features you would like your property to have. The right location is just as important so get to know the suburb you are searching in. Think about distance to work and other important local services you may require such as schools, shops and transport.



Research the market value of properties in your area of interest. Attending auctions of similar properties in the area will provide a good indication of what the market is doing and an idea of what you can expect to pay.



Buying a property means a significant financial commitment. Decide exactly how much you are prepared to spend and what you can afford in advance. A mortgage broker can provide invaluable advice and provide a range of financing options you can choose from. Work with flexible lenders that will tailor a finance package to suit your needs. Negotiating an affordable interest rate is important however it is also critical that you are aware of all associated fees and costs for the duration of the loan.



Engage the services of a licensed conveyancer or solicitor who specialises in property law to guide you through all facets of the transfer of title (property ownership transfer). If you become interested in a property your legal practitioner will check the vendor’s statement, also known as a section 32. The vendor’s statement contains important information relating to the property including the property’s title, any debts outstanding against the property, covenants, easements, zoning and outgoings such as rates.

Your legal practitioner will advise you throughout all stages of the property transaction including your contractual obligations under the Contract of Sale whilst taking you through the settlement process.



When you locate a property of interest arrange for a viewing inspection. Take your time when inspecting the property and do not be afraid to ask questions about its features and condition. To ensure you receive truly independent information consider arranging a professional building inspection by a qualified building inspector who will provide a detailed written condition report. This can put you in good stead to negotiate contractual conditions and possibly price.



Whether you are looking to buy a new home or an investment property it helps to know who is next door. Good neighbours are desirable especially if you are planning to move home and live in your new purchase. These finer details are often overlooked but can have a significant impact on your decision to buy. Be mindful of your surroundings.