Here we will continue to look at the elements to consider when looking for a new property in Australia.
- Are there any restrictions? Some houses will have pre-existing covenants, conditions and restrictions.
- Where do you park? If you are buying a single family home does it have a garage? Where will you be parking your car if a garage is not part of the house. For multifamily homes, townhouses and condominiums it is important to know if parking is included.
- Does it have air? How will you stay cool in the warm months?
- What sort of heat does it use? Is there a fireplace or central heat? Does the home have a woodstove? Knowing how the home is heated is very important.
Some Other Things To Consider
In addition to the preceding items you may also want to consider if the property that you are interested in has any environmentally friendly features such as solar panels. Also find out if the carpet is new or older and see if the outside of the home looks good. Does it need a new coat of paint? Does it need some new siding?
You will also want to look at the property itself and where the home sits. Do you want a house on a corner lot? Would you rather have more privacy or a shorter driveway? You will also want to consider what type of a view you want. Do you want to be able to see the ocean, or is having a city light view important to you? Some people look for houses on a quiet street while others want to be right in the middle of the action. These are all important factors to consider when you are looking for a new home.
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Hi Sean,
These are all great tips. I think that having environmentally friendly features in your investment property is a must these days. People are much more conscious about the damage we’re doing to the environment.
So, if there are things in the house that make them feel like they’re making a difference; I think it’ll be a big selling point.
Heating/cooling of your house is a major cost and needs to be taken into account when you are searching for your home. Also ,wood is becoming increasingly expensive and if you are running a woodstove you will require it all year long so it may be worth keeping this in mind.