When it comes to buying property in Wollongong or in the Illawarra, it's essential to make sure that you do your homework and carefully consider your options before you commit to your final purchase.
If you're new to the property market, the buying process can seem daunting – but with the right assistance and support, you'll be well on your way to home ownership.
Location, location, location
Do you have a preference for coastal or bushland living? Would you prefer to be near a transport hub for easy commutes into Wollongong and Greater Sydney, or would you rather enjoy the peace and tranquility that comes with living a bit farther away from the hustle and bustle of city life?
Location is an essential factor for any property buyer to consider – and of course, you'll also want to think about your access to local amenities. Find out where the nearest schools, supermarkets, cafes and places of worship are – these will all help you to make your decision.
Money matters
It goes without saying that finance is an integral part of buying a first home. Set a careful budget – but don't forget to account for the costs that extend beyond the price of the property itself. Stamp duty, solicitor's fees and even the cost of the move itself should all be accounted for.
Once you have a realistic budget, you'll be able to make your application for a home loan.
Homework pays off
Doing your research can really pay off – and when you carefully do your homework and cover all the bases, you'll be more likely to be happy with your final decision. If you see a place you are seriously interested in, it's well worth the upfront cost of carrying out the recommended inspections – this can help you confirm whether or not a property is the right home for you, and can also alert you to any potential problems before they become your problems!
With a little bit of time and effort, you'll be ready to get one foot on the property ladder in no time!
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