Joondalup
(08) 9300 2283
Unit 4, 80 Grand Boulevard
Joondalup WA 6027

Buying Tips


Your home is one of the most important and expensive purchases you will ever make. The following hints and tips will help you plan for, find and enjoy the home of your dreams.

The Right Property

There are many factors that come into play when considering purchasing a new home. Choosing what suburb to live in is definitely one of the most important aspects. Our Suburb Profile section will help you view Perth Suburbs on REIWA with house median prices, growth rates and census information.


Location, Location, Location!


When purchasing a property it is all about location. Inner city, coastal locations and those surrounding suburbs often perform highly and offer good returns. Also areas with access to local amenities such as schools, shopping centres and local parks factor the sale of a property.


Deciding Factors
When looking to purchase a property you need to decide on a number of factors including:
  • Number of bedrooms
  • Number of bathrooms
  • Car Parking & Access
  • Size & Shape of Land
 
In addition to these factors you may have a long list of cosmetic features but please keep in mind that your dream house may not be out there and you may need to compromise on some items.

Don’t rule out the possibility of renovations. However make sure you sit down and calculate the costs of the renovations and factor this into the purchase price.

Special features that set your home apart from the rest are a great selling point and will add to the appeal when the time comes to sell. Look for at least one special feature such as a view, a large yard, a well designed floor plan or feature landscaping. 


Research

Our property alert feature makes searching easier by allowing you to leave the details of what you are looking for on our site and receive an instant email as soon as suitable properties become available. Click here to enter your details.



Key points when making an offer
  • Who exactly is buying the property? What names are going on the offer document and ultimately the Certificate of Title?
  • Have you spoken with a broker and received pre-approval for your finance?
  • Do you know how long the broker/bank require to obtain your finance approval? 
  • Is the building sound? If you have any doubts, remember to speak to your agent about having a building and pest inspection as a condition in the offer
  • Do all the building additions and improvements have the required Council permits?
  • Have you thought about how you would like to own the property? I.e. As Joint Tenants or as Tenants in Common? If you are unsure of the answer to this question, make sure you either seek legal advice or speak to your settlement or real estate agent first
  • Be sure you understand what is and what isn’t being included by the seller within the sale of the property
  • Do you have a settlement agent?
 

Buying at Auctions

Get a feel for Auctions
Attend as many auctions as you can to get an understanding and feel for how they operate.

Know your limits
Set your price range and stick to it so you don’t get emotionally involved during bidding and go beyond your limit. It often helps to have a friend with you who can make sure this doesn’t happen.

Have your finance arranged
You will need to have your finance unconditional on the day and be able to pay the deposit at the drop of the hammer.

Bid Strongly
Don’t be afraid to bid aggressively for the property – if you show people you want the property by strong, confident bids you may put them off.

Expect the unexpected

Bidding may start low but if there is good interest in the property the price can jump up quite quickly.