Brisbane is one of the most liveable cities in Australia. It's easy to overlook Brisbane when you’ve set your eyes on the bustling city of Sydney or the quaint and sentimental Melbourne. Through the years, Brisbane has created an image of being relaxed, laid-back, casual and not short on any cultural activities. However, when buying a property, you still need to make sure you get your money’s worth. Here’s how.
Decide on how far you want to be from the CBD.
If you're single or married without children, and you're moving to Brisbane for that job in the CBD, look in–or at least near–the centre. If you want to live in the suburbs, make sure you’re not off the grid, and that everything you need is accessible.
Investigate the property and the area.
You may have found the house you think is perfect for your family. Should you get it right away? No. Take time to investigate and uncover everything–the good and the bad.
Ask the owner why they are selling the property. If you don’t get a straightforward answer, it might be a red flag. This is the time to dig deeper. For instance, you may find out that it’s prone to floods. If this is something you don’t want to risk, move on and continue your search.
Get a property valuation.
Make sure you're paying for market value. Even if the house is within your budget, this doesn’t mean you're paying right. Usually, sellers get the service of property valuators to know how much their property is worth. However, it’s best if you double-check through professional valuation. A certified property valuator will factor in attributes such as location, building condition and local council zoning.
Find out more about the community.
The house, the location and all the technicalities are not the only factors. You're buying it so you can live in it. You'll want to look into the neighbourhood and the community more closely.
Do you feel safe living there with your family? How active is the community when it comes to family and cultural activities? Also, consider whether you're a perfect fit.
Buying a property isn’t as easy as pointing where you want to be on the map. It's not enough that it's only a four-hour drive from Bundaberg or the Mon Repos Turtle Rookery. It's going to be your home, so you need to feel at home.