A Home Loan Guide For First Home Buyers
By Karl Smith / June 29, 2018
Owning your own home is a goal or dream for most Australians these days, but we all had to start...
Read More
 June 22, 2017 |
 No Comments |
You know what type of home you are looking for – whether you want an apartment or a house, whether you want two bedrooms or three, a garage or a pool – but many buyers forget to take the time to assess whether the neighbourhood suits their requirements too.
Before buying a property, spend plenty of time in your new neighbourhood to work out whether this is the right place for you.
Footpaths
If you have young children or if you enjoy walking your dog, look out for footpaths in the streets surrounding your potential purchase property. Footpaths are a sign that the community’s safer and more active, as people can walk comfortably to the shops or school, or simply for exercise.
Good schools
Even if you don’t have kids, close proximity to schools will have a positive impact on the long term value of your home.
Convenience
Test out the convenience of your potential new home by making the journey to the nearest shopping centre and petrol station. Even if you have a car, it is good to know that the local public transport is reliable and convenient.
Make sure you have easy access to your favourite activities, such as restaurants or a gym.
Parking
You want adequate street parking for yourself and any visitors, however, if your potential new home is located close to a school, a train station, restaurants or a sports oval, check that you don’t have strangers parking along your street at critical times. A quiet peaceful street can turn into mayhem on a Saturday morning when local families show up for the weekly soccer game at the oval.
Noise level
Check out the neighbourhood on different days and at different times of the day, to see if noise is an issue. If you work from home, you might be bothered by local dogs barking incessantly while their owners are gone, and if you have young children, you will not appreciate constant loud parties late at night.
Council plans
Do some research through the local council to see if there are any future developments lined up that could change the infrastructure of the neighbourhood. This could determine whether property values could rise or fall, if new developments are being planned that could affect the area.
Your real estate agent can give you some excellent insight into the potential of a specific area and also help you find a home that fits your criteria.
Contact us today, if you need assistance assessing whether a neighbourhood is right for you.
PREMIERRE GROUP PTY LTD | Copyright 2014
