Owning a house in Australia is a higher investment compared with other countries due to its attractive lifestyle and climate. In major cities like Sydney, Melbourne, and Brisbane, an average house costs $852,000, $641,000, and $486,000 respectively.
Considering the median prices, how do you buy house and land in Werribee? With many factors to consider, here are some ways to help you find your dream house:
1. Spot the right location
Check the area before buying the house. Look at the property’s proximity to a school, the police station, to a grocery or mall, and its accessibility to bus stops, train stations, and other means of transport. Assess the neighbourhood’s atmosphere and safety before making a decision.
2. Check the house
Check the house thoroughly. You can do it yourself or hire a home inspector to check if there are issues. Those issues can help you decide whether the property is a good buy. You can use any issues found as a bargaining tool to lower the price of the property as well.
3. Assess your buying capacity
Have a pre-approved loan to check your financial capability. This can give you an idea how much you can spend, so you look only for properties you can afford. Make sure you have a good credit rating, though.
4. Know your budget and bid well
When you’ve finally decided to make an offer on a house, bid according to what you can afford and what you think the property is worth. Don’t make the mistake of bidding too high or too low.
In buying your new house, plan carefully and decide wisely. Never let your emotion affect you in making a purchase that you cannot afford. Make sure that you have the right budget to afford a house that suits your taste and needs.