When a property market is experiencing significant growth, it is difficult to find new properties at a similar price to an established property. In this market phase, the preferred option is to source a property through buyer’s advocacy.
Our initial meeting is to establish your needs and objectives. We work with you to determine which particular region has the drivers for superior capital growth. Our research methodology is well proven and second to none. All the facts and logic behind the targeting of specific locations are outlined and discussed with you.
After agreeing on suburbs to target, we then search for suitable properties within that location. The attributes of that property are summarised and after reporting back to you a short list, we will begin investigations and negotiations on your behalf to secure the property.
Once a suitable property is purchased, we assist you throughout the buying process to ensure a smooth and stress free transaction.
Newly Completed and Off the Plan
If you can purchase a new property for the price of a second hand one, why would you choose the older property?
You wouldn’t. In a market that is nearing the bottom or starting to recover, armed with the know-how and negotiating skills, it is possible to find these opportunities. New properties provide peace of mind with builder’s warranty, superior tax advantages and increased tenant demand which often correlates to higher rental returns.
Again, the new properties need to be priced comparatively to established properties. Remember, the bank approved valuers will perform a valuation on completion, comparing the property to similar second hand resales in the area.
Off the plan does come with many potential pitfalls. There are many stories of investors being fleeced by slick sales people into purchasing over-priced off the plan properties. Some simple steps we take to ensure you are not one of them include:
Paying Fair Value