How do I find a property?

Decide what's important

When buying your first home, consider what is really important to you. For example, if you want that inner city property, you may have to forgo a second bathroom. Do you need to be close to transport or schools, or do you want a balcony or backyard? It's your choice.

Inspect carefully

Go through the home with a fine toothcomb.

  • Is the water pressure good when you turn on the taps?
  • Do the doors and wardrobes close?
  • Are the window locks working?
  • Things like cracks could be an indication of greater structural damage.
  • Question the owner about the fixtures and fittings to check what is included in the sale. Are the dishwasher and oven included with the home?

It's also important to get to know the area; some places can change drastically from day to night, or from the working week to weekends. Be sure to visit at as many different times as possible.

If you are serious about the property it is a good idea to get a formal building inspection.

Keep a Property Record

It may seem like extra work now, but keeping a detailed record of all the properties you look at will help you remember them later.

  • If you have a digital camera you should take as many pictures as possible, starting with a close up of the home number so you can keep track of where you are.
  • Note down everything you can see: number of bathrooms, cupboard space, carpet condition, etc. For instance, the way the windows face will affect your heating and cooling, as well as change the appearance of the room.
  • It's a great idea to update your record with the sale price of the property later, so you can get a good feel for the market, and what different houses are worth.

Plan

Purchase

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