Have you decided on a location within Melbourne or our suburbs? Apart from your budget, considerations will likely include work, children’s education, transport and your favoured type of environment or lifestyle. This is a key part of your market research.
Have you thought about the type of property that will suit? From the size of the garden, to the number of bedrooms, and the nearby environs are one part. Equally, inside the property, how it’s laid out, the standard of general repair, and the amenities, will all be up for careful consideration.
Have you considered the range of costs involved? These include such areas as stamp duty, title searches, solicitors fees, conveyancing, application and valuation fees and the like. Then, when you move in, items such as insurance and amenity charges will be ongoing.