How to buy your dream Perth home.
Buying a home in Perth offers you many lifestyle options. But how do you find 'the one'?
For some people, finding a property they like happens very quickly. For many others though, it can take a lot longer. It is not always as simple as driving around looking at houses and picking one!
First, it is good to do some research on property prices in the area you are looking to buy, as well as comparing
state-wide prices. Western Australia has enjoyed a boom in recent years, however, with talk of the housing market beginning to slow, it pays to be one step ahead and know the market. Talk to real estate agents and attend auctions in Perth, pay attention to the suburbs you have your eye on. Areas such as Fremantle, Joondalup, Armadale, Mandurah and Perth are all reporting growth, where as other suburbs are steadying. Information such as this can prove very useful when deciding on a property's investment potential.
Next, think about the type of property you would like to buy. Are you wanting a 5-bedroom free standing house or a small unit? Do you want a garden, or space for a pool? Would you be needing plenty of parking space? Prefer the old style homes or a modern look? Consider all the aspects of the home that you require.
Neighbourhood watch
North of the River? South of the River? East or West? When deciding on an area, consider the public transport links, the shopping availability and whether house prices will be increasing in that area. Visit the local area at different times of the day and night; talk to some of the residents. Build up a clear picture of the area, making sure to find out as much as possible. It would be a shame to move in only to find out there are no buses on weekends, or there is a nightclub nearby that plays loud music until 3am every night.
The perfect match
Once you find a home you like, you will want to put in an offer as soon as possible, but be sure to check it out carefully. Is the asking price within your budget? Does the surrounding area appeal to you? Is there room for future renovations? Look for any recent work that has been done, this may indicate a construction flaw. Are there any planned developments nearby that may obstruct that beautiful sea view you currently have?
As long as you do your home work, and consider all the possibilities, then you are well on your way to buying your dream home.
Your Local Finance Broker can share detailed knowledge of Perth's housing market. Call today on  .
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