Buying a house

Buying a house

Buying a house in Melbourne is an exciting time when you can explore what’s on offer on the market and begin to build a new life for you and your family.

Finding the right home for you and your family involves research and careful consideration. Melbourne has a lot to offer, but you want to make sure the property is the right price, location, value, size and fit for your lifestyle. The information you’ll find here will help get you started.

Explore Melbourne’s suburbs

If you already know where you’d like to buy a house in Melbourne, that’s great. But if you’re unsure of where you should start looking, it’s worth considering many different areas. Neighbouring suburbs can vary in price enormously, as can different properties in one suburb. It’s also worth researching past sale prices in the areas and streets you are interested in.

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Buying a house

Buying a house

Buying a house is an exciting time. These steps will smooth your way through the house buying process.

1. Save for a house deposit

The first step is to get your finances sorted. Do a budget to identify how much you can afford to save for your deposit.

Next, do some house price research. Getting a general idea of house prices helps you set a goal to work towards. A great savings goal for a house deposit is 20% of the purchase price, plus enough to cover buying costs (see steps 5 and 6, below).

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Buying A Home In Australia

Buying A Home In Australia

Here’s some help to get you started on the road to buying a house in Australia.

If you plan to buy a house in Australia, here’s some info to help you get started.

Where To Find Properties For Sale

The most popular websites for listing property for sale are:

Real estate agents also publish weekly magazines with current property listings in the surrounding area, available from local offices.

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How to buy an apartment in Australia

How to buy an apartment in Australia

When you are saving for a deposit, work out where your money is going and how much you can afford to put away. We have lots of tools to help you:

  • Our spending calculator can help you work out what you are spending your money on now and where you can cut back.
  • We have lots of handy money saving tips to help you save your deposit.
  • Opening a regular savings account is a good way to help you save a deposit and will also show any mortgage lender that you have a solid savings record. This will be important when you apply for a mortgage. Our regular savings Money Tool will help you compare the different savings accounts available.

Different Central Bank of Ireland rules apply to the amount of deposit you need depending on whether you are a first-time buyer or not.

First-time buyers

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Buy Real Estate Australia

 Buy Real Estate Australia

With the help of Buy Real Estate Australia, you’ll discover How To Find Your Ideal Investment Property (or even your Ideal Home) The Smart Way And Save Time Searching The Real Estate Australia Market

We offer You Fixed Price, Full Turn-Key Home Solutions. That means that the inclusions mentioned will be included.

There will be no surprise costs at the end. And you’ll get Amazing Quality Inclusions when buying your ideal home or Investment Property through Buy Real Estate Australia.

Benefits to you when you work with Buy Real Estate Australia

FEE-FREE Service

Access to Off Market Properties

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Buy a Home in Australia — Real Estate

Buy a Home in Australia - Real Estate

Buying Property in Australia — There are rules for buying property in Australia for foreign investors.

Buying Residential Properties or Vacant Land

Basically, it means if you live overseas, are not a citizen or a permanent resident, you can only purchase New or ’Off the Plan’ residential properties, or Vacant Land that is to be developed within 12 months.

However, if you do decide to settle here by immigrating to Australia and becoming a permanent resident, you can get help, support and advice from the government with the purchasing of your first home. If you wish to buy your first home, you may be eligible for government grants and/or tax relief.

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Best Cities to Invest in Rental Property

Best Cities to Invest in Rental Property

As the Covid 19 pandemic recedes, home buyers and renters are on the move. More people are quitting their jobs, some moving to new cities and towns.

Theyre hunting for a better life, lower cost of living, and perhaps a better job. Work from home continues, although a good majority of workers are expected to be back at their employers workplace by fall, which is only 2 months away now.

Exodus from Urban Housing Markets

The trend of buyers and renters moving to the suburbs and beyond has created a surplus of apartment buildings and units on the urban markets.

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Apartments In Australia

Apartments In Australia

Popular for its cultural and treasures, “The Land Down Under” has for the myriad of opportunities for global travelers. This marvelous destination adds great value to one’s travel experience. On can relax on the charming beaches along gorgeous coastlines or opt for various adventures. Cosmopolitan cities like Sydney and Melbourne offer travelers various entertainment options. They can enjoy shopping at some of the best shopping hubs or can try some regional delicacies at world-class restaurants. Apart from this, for accommodation, apartments in Australia are some of the best options if one wants to stay at a homelike setup.

These apartments are adorned with modern amenities and the housekeeping staff make sure that cleanliness and hygiene are not compromised. Being close to a variety of tourist attractions, these properties are worth staying at. Travelers who are looking for some best apartments can consider properties such as Quest Maribyrnong, Mulwala Lakeside Apartment, Cypress waterfront spa apartment, Nightcliff Foreshore Getaway, and Yarrawonga Waterfront Apartments. With so much to do, travelers will not have even a single dull moment while accommodating in these establishments.

Special Experiences At Australia Apartments

While staying at holiday apartments in Australia, guests are pampered with some exceptional experiences. All the best apartments are equipped with modern amenities that include a swimming pool, fitness center, and spa & wellness centre. Nightcliff Foreshore Getaway is one of the best apartments where guests can take advantage of a wide range of amenities. This property is decked up with a saltwater pool allowing travelers to spend some cozy moments. Apart from this, the beautiful on-site garden a great place to enjoy some peaceful time. For the recreation of travelers, the apartments also offer cycling, fishing, golf, and many more activities. Another top-rated apartment, Cypress waterfront spa apartment is also a wonderful property where travelers will find myriad ways to relax and rejuvenate. They will be highly impressed with the spacious room offers mesmerizing views. Moreover, amenities such as barbeque facilities, swimming pool, and a well-manicured garden.

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Benefits of buying a house vs. renting an apartment

Benefits of buying a house vs. renting an apartment

At one time, homeownership was a goal for nearly everyone. Today, there are many housing options that don’t require taking out a mortgage. You may find that buying a house vs renting an apartment is the best choice for you, or you may decide that renting is the way to go.

When deciding between the two, you should consider which type of housing is best suited to your personal goals and lifestyle. If you currently rent, you need to decide if you’re ready for the financial commitment of buying a house. Both renting an apartment and buying a home have advantages and disadvantages to consider.

Five reasons why you may want to buy a house vs. renting an apartment

For both financial and personal reasons, you may discover that owning your own house outweighs the expenses. Here are five reasons why buying your own home might make sense:

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Australian Real Estate Investment & The Sydney Housing Market

Australian Real Estate Investment & The Sydney Housing Market

There’s still opportunities in the Australian housing market, especially with current exchange rates, but don’t wait too long as Australian interest rates are on the way down again.

When it comes to the Australian housing market it is safe to say that it has been one of the best investments for international investors in recent years. There are some impressive real estate figures coming out of Sydney and the reason is down to the fact that Australia recently went through a housing boom. The situation has slowed down slightly now but prices and demand for Australian housing, especially in the Sydney area has remained strong according to news reports in the Sydney Morning Herald.

The aspect of the Australian housing market that is overshadowing everything else at the moment however is the rental market. Increased mortgage rates meant less investment in buy-to-let, which resulted in less availability and proportionally higher demand, resulting in higher rents and subsequently a higher cost of living. This doesn’t however mean that people have stopped or are going to stop purchasing property in the Sydney area, especially as interest rates are on the way down again.

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