Buying Advice
Buying or selling a property is one of life's biggest decisions. At Dawn Properties, we're here to guide you through every step of the process. Here are a few helpful tips to help you get started with confidence.
Know your budget
Speak with your bank or mortgage broker to determine how much you can comfortably borrow before you begin your property search.
If you’re purchasing a rural or lifestyle property, let your lender know from the outset. Deposit requirements can vary depending on factors such as acreage, road access, solar systems and whether the property generates an income. Every lender has different lending criteria, so it’s important to understand your borrowing capacity before making an offer
Buying Rural or Lifestyle Property
Purchasing acreage or rural property is often different from buying a residential home.
Lenders may require a larger deposit depending on the property’s size, location, improvements and intended use. Before you begin your search, speak with your lender or broker so you understand exactly what finance options are available for your situation.
Know your market
Take time to research the area you’re interested in. Consider local schools, shopping facilities, transport, medical services and future development plans. If you’re buying acreage, also investigate water supply, fencing, internet availability and council zoning.
Once you’ve found the right property, make sure you understand exactly what is included in the sale before signing the contract.
Making an offer
Once you’ve found the right property, submit your offer in writing. A written offer provides clarity for both buyer and seller and forms the basis for contract negotiations.
Before the contract becomes unconditional, you may wish to arrange building and pest inspections, finance approval or any other conditions relevant to your purchase.
Settlement and moving in
Once your contract becomes unconditional, your solicitor or conveyancer will guide you through the remaining steps leading to settlement.
Keep in regular contact with your legal representative, lender and real estate agent to ensure everything progresses smoothly. Before you know it, you’ll be collecting the keys to your new property.
Buying Rural or Lifestyle Property
Purchasing acreage is different from buying a residential home. Before making an offer, consider:
- Water supply (rainwater, bore or trickle feed)
- Fencing and livestock infrastructure
- Easements and access
- Council zoning and permitted land uses
- Internet and mobile coverage
- Flood mapping and bushfire overlays
- Machinery, pumps and equipment included in the sale
At Dawn Properties, we’re experienced in rural and lifestyle properties and are happy to answer any questions before you purchase.