With so many suburbs to choose from, buying property in Brisbane isn’t always easy – north of the river, south of the river, inner city, semi-rural – Brisbane has almost every option available. Compared to Sydney and Melbourne, Brisbane City and surrounding suburbs have plenty of options whether you are a first home buyer, looking to buy a family home or downsizing.
If you are thinking of buying property in Brisbane, we have some great tips for a smoother transaction.
Work Out Your Borrowing Power
Unless you’re selling up and buying somewhere cheaper, you are likely to need some sort of finance. Before you start seriously looking at purchasing a home, make an appointment with your bank or a broker to crunch some numbers. Getting yourself into the best financial position before purchasing a home is always a positive.
Decide Which Suburb to Live In
Deciding which suburb to live in is one of the biggest problems with buying property in Brisbane. You need to consider your commute, any education preferences, and the type of lifestyle you want. Living in the inner city will of course provide you with access to everything you need, but tends to come with apartment style living; alternatively heading out of the city may give you the option of a family sized home while still having all the facilities you need.
Know What You Won’t Compromise On
Buying a property in Brisbane is all about compromise. Unless you build to specification, it will be hard to find a home that has everything you desire. Make a list of what you will and won’t compromise on. Perhaps you’ll give up that third bedroom for an amazing location?
Get the Experts on Your Side When Buying Property in Brisbane
Whether you’re a first time buyer or a seasoned home purchaser, having a great conveyancing team on your side is essential. An experienced conveyancing solicitor can ensure your home buying process goes smoothly, picking up any potential issues early on and swiftly dealing with something that may pop up later down the line.
Before you purchase a property, contact the team at Salerno Law. With over 25 years of experience with conveyancing, when buying property in Brisbane, our conveyancing solicitors are the experts you need on your side.