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First Home Buyers

At a minimum, you will need a 10% deposit plus enough funds to cover legal fees, a building inspection and stamp duty.
If you buy a property with a deposit of less than 20% of the purchase price, most lenders will require you to take out mortgage insurance as well.

Find out if you afford your dream home.

If interest rates are low and the market is rising, the growth in property prices will usually outstrip your ability to save.
That means it’s often better to purchase your home as soon as you can afford it.

The best location is different for every homebuyer, depending on their needs.
Start with the locations you would like to live in and where it’s convenient for you to travel to your work and to visit family and friends.

The best way to get know an area is to research it online, then go and see it in person.

Start by searching for properties you like and then go to the open inspections. Talk to the agents about the area and on the way there and back; keep your eyes open for traffic issues, construction sites, transport, shopping centres, parks and schools.

If you are a qualified builder, engineer or architect then you are more than qualified to assess a property for faults. If you’re not, then a building inspection is a necessity.

Why? Because properties which look fine may have structural faults, problems with the electrical wiring or plumbing, termite infestation or a number of other issues which can be expensive to fix – very, very expensive.

Selling Real Estate

Real estate agents are qualified professionals that can help you sell your property.  They are experts in the local and wider property market and provide informed property appraisals.  They help guide sellers on the best method of sale and ensure properties are actively promoted and marketed to reach the maximum number of buyers.  Real estate agents will assist in the negotiation of property sales and ensure this is done with the utmost confidentiality.  Real estate agents work for the property seller and are focused on selling it for the most amount of money.

For 185 years, Elders has prided itself on helping the community achieve their real estate goals. It doesn’t matter whether you’re looking to buy, sell, invest or rent, our team of experts has the knowledge and expertise required to help. You can rely on us. You can rely on Elders.

Getting a buyer to picture themselves living in the property – sometimes referred to as ‘mentally moving in’ – is one of the most effective ways to generate serious interest.

For this to be achieved, it is essential that they feel relaxed and unhurried. Buyers do not wish to intrude on the current owner’s space, so your presence can sometimes act as a deterrent for them to stay longer and continue to consider the property carefully.

Decluttering involves removing personal items as much as possible prior to an open house, in order to help the buyer imagine themselves living in the property.

A first impression often lasts and excessive belongings can make a home seem smaller, darker and less airy than it really is.

Modern homes and décor tastes also tend to lean towards a more sparse presentation, while too much clutter can leave buyers with the sense that finding storage space might be problematic.

Once your home is placed on the market, the length of time it takes to sell depends on a number of circumstances.

The biggest factor is how much you want to make for the property, with auction generally proving to be the most effective way to sell it for the best price in the shortest possible timeframe.

An auction can secure you a quick sale because buyers are compelled to act on the day or risk losing the property to somebody else.

An Elders agent can tell you the approximate number of days properties similar to yours have spent on the market before selling.