Searching for your first new home or your next new home can be both exciting and stressful at the same time. It’s likely that you have a picture in your mind about what this home will look like and maybe it hasn’t even been built yet. You have options when it comes to your new home and one is to buy land and build a property yourself and the other one is to start searching the property market to find something that closely resembles what you think you’re looking for.
There is actually a third option and it comes in the form of ready homes which is the option to have a carefully selected community chosen for you and a property that reflects the type of person that you are and the lifestyle that you lead. For all three of these options, there is more that you need to know and so the following are just some of the top tips that will help you when searching for your new home here in Australia.
– Figure out what you can afford – There is absolutely no point in starting your search before you know exactly how much money that you can get from your lender. It is extremely unlikely that you have the lump sum in your bank account so that you can pay right then and there and so you need to figure out how much money you can spend. This helps to cut down the number of properties that you need to look at and don’t forget that on top of your mortgage payments, there is also home insurance, ongoing maintenance charges and maybe even some renovations to pay for.
– What do you and your family need – You need to write down a list of the things that are essential for your property and ones that you are quite flexible about. If you have kids, think about the number of bedrooms that you want and the number of bathrooms as well. If you have a pet that you treat like a member of the family then you need to consider the size of the gardens and if there are actually any at all.
– Find the right neighbourhood – A certain neighbourhood may feel perfect at the beginning but you need to do extra research to make sure that there are quality schools close by, that there is a park for the children to play in and that there are shopping centres so you can do your weekly grocery shop without having to travel too far. It is also a good idea to consider the location of hospitals and clinics in the local area and if there are any clubs for your children to join.
The most important thing however is to find a property that you love and is suitable for everyone in your family. This is going to be the property that you will be living in for a least the next 10 years, be sure to choose wisely.
