The year's well and truly started now. You've gotten back into the swing of things at work, the kids are heading back to school, and there's no real holidays coming up until Easter.
As you start to settle back into the same old routines, you might find yourself wondering just what exactly you'll be doing differently this year. Well, there's three big property options you could look into, and today we're looking at all three.
Whether you've outgrown your home, or you want to enter the market for the first time, this is often people's go-to idea when they think about real estate.
If you're thinking of buying, the first thing you should do is attend a few open home inspections. This doesn't even have to be at places you think you can afford; just go to the ones you like so you know what you're after. Then, you can sit down with one of our agents for a free consultation to see what's possible.
Of course, unless you're a first home buyer, buying a new house usually means selling your old one. This is something you can discuss in your free consultation, or you can also look online at similar properties sold in your area to get an idea of what you might get.
It's important to be realistic in a sale, and not to get too hung up on a particular number, so take the time to really think about what you need when selling, and consider drawing up a list of necessities.
This is the big one. Property can be a reliable source of returns, but unlike other investments, you really need to take your time and pick the right property, and the right management.
Before committing to anything, look at average rent prices in your area, and consider how this would cover future mortgage payments or body corporate fees. Remember, you'll also want to sell this property yourself one day, so also take a moment to look at property growth in the area as well.
This might seem like a lot to take in, but we can help you at every step along the way so that you have the smoothest journey possible. Our multi-award winning team are always happy to talk, so call us today to see what we can do for you.