Before you start searching for your new home, you should speak to a bank or a broker and find out the amount you can spend. It is important to consider stamp duty and other fees associated with your purchase. You should consider obtaining a written loan pre-approval.

Why get Pest & Building reports

We recommend that you obtain a pre-purchase inspection report, so you can identify problems which may potentially be costly to repair. A building inspection will account for the property’s condition, including any cracks, safety hazards or faults. A pest report will identify if there are any pests present and specifically look for past and present termite activity.

Good questions to ask agents

  • Why is the owner selling?
  • What is included in the sale?
  • How long has the property been on the market?
  • Has the owner received any offers?
  • Are all the additions council approved?
  • Have any pest and/or building inspections already been done?
  • What are the council rates and/or strata fees?
  • Where are the local schools?
  • What is the neighbourhood like?

First Home Buyers

In 2017 the NSW Government introduced new policies to assist first home buyers in purchasing a home. Stamp duty was abolished on existing home purchases up to $650,000 and reduced for purchases up to $800,000 for first home buyers. First home buyers also receive a $10,000 grant to go towards their purchase if they build a new home up to $750,000 or buy a new home up to $600,000.