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How to choose a suitable property for yourself?

 
[Economic News]     30 Oct 2018
Sydney must look at the stickers when it comes to buying real estate Many friends are the first time to buy property in Sydney or even overseas. Inevitably, there will be a lot of questions like this or that. Is the location of the house a good place? How's the security going? How to choose the ideal house overseas, I think we should think about the following aspects:

Sydney must look at the stickers when it comes to buying real estate

 

Many friends are the first time to buy property in Sydney or even overseas. Inevitably, there will be a lot of questions like this or that. Is the location of the house a good place? How's the security going? How to choose the ideal house overseas, I think we should think about the following aspects:

 

1. Why buy a house?

First of all, we should consider why to buy a house, the main reasons can be divided into the following three categories.

(1) self-housing, that is, what we often call rigid demand rooms in our country, may be because we have just got the status of Australia, ah, or that children need a safe living space when they come to study, and the self-housing client should put the housing comfort in the first place. There are several factors to consider for this type of customer: 1. Are you close to your workplace or school? 2. Is transportation convenient? 3. Are the living facilities perfect?

(2) Investment, with the recession of the economic environment, more and more investors choose to invest in overseas real estate to adjust their asset allocation. Investors need to consider two factors, one is the appreciation of housing, at this time we need to look at the government plan. In general, government has planned areas where its population, infrastructure, and jobs will grow significantly in the future. These growth will be reflected directly in the value-added housing. Second, the rent return, Sydney's housing vacancy rate is relatively low, there will be few housing vacancies, but the tenant group is also a need to consider, what is the main tenants group in this area, Stable and high-quality tenants will save you a lot of time and effort in future home maintenance.

(3) self-housing investment, self-housing investment is a more common phenomenon in the current market. Children go to school here to live and live, and in the future they have returned to China to rent out or are now preparing to go abroad, first to buy a house to invest in the future and to come and live. This type of customer should take into account the above two points when selecting the house, not only the housing comfort, but also the development planning of the area and the future rental situation.

 

2. Financial status and check-in time?

Rational analysis of their own financial situation, because of Australia's government regulations, overseas people can only buy new housing, the market of new housing can be divided into two types of existing housing and loft (future housing). In the choice of housing situation, it is necessary to consider the two factors of capital situation and check-in time. The advantage of the current house is that it can be checked in immediately after signing the contract and completing the formalities, but the requirement for the fund situation is relatively large. The time to raise funds is also relatively short. Depending on the project, the delivery time is also different, generally one year or so of waiting period, but only a small amount of down payment can be exchanged for contracts, the rest of the loan and the end of the payment in the house will need to be paid, Sufficient time has been provided for funding. Buyers can choose a reasonable project according to their own situation.

 

Thinking through these two issues, no matter from the regional or the choice of the project itself, many of the problems will be solved. Our company has nearly 10 years of experience in the real estate industry in Australia and has represented more than 60 projects in the Sydney market. Maintain a close strategic partnership with the major developers, if you have Australian real estate investment, Australian study abroad or immigration needs, please contact me, I can provide you with the best choice.

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