Though most of our home loans are written in Rockingham, Baldivis and Kwinana, we stay on top of the entire Perth market. We think our area is currently the best area in which to buy a home for residence or rental, but there are plenty of other areas in the Perth market that can provide great homes. Here’s how to find your dream home.
What Do You Want?
What features do you want in your dream home? How many bedrooms and bathrooms? Do you want a free standing home or an apartment? Do you want a swimming pool? A garden? An alfresco living area? A family room? An open floor design or a traditional floor design? Once you know what you want, then you can start looking for it.
Market Research
Now that you know what you’re looking for, start researching prices. How much have homes that have what you want sold for in the last year? Talk to agents. Attend a few real estate auctions.
Suburbs and Neighbourhoods
What suburb do you want to live in? What neighbourhood? Look for reasonable prices with the potential for long term capital growth. Is a new freeway or other infrastructure going to be built nearby in the next five years or so? Does a major corporation plan to build a facility nearby? How about medical facilities? Amenities such as a burgeoning entertainment district? All of these will raise demand and therefore raise prices.
No Snags, Please…
If you have found your dream home, the last step is to make sure that there are no “snags.” For example, you could have a beautiful ocean view, only to find out that a large apartment complex is going to destroy that view in two years.
You will need to find someone who knows the local market. In the Rockingham area, nobody knows the market better than the mortgage brokers at Smartline Rockingham.
Call (08) 9527 1800 for more information.