Sydney is indeed a beautiful city with its all-year sunshine and harbour views, not to mention its stunning beaches. Because of this, plenty of people, not just from Sydney but from all over the world are looking for ways to get their hands on a decent property here. Unfortunately, competition, particularly for sought after properties in sought after areas will be strong.
But what makes a decent property in Sydney? No idea on what to look for? There are many things to consider when buying a Sydney property and here are four things to pay attention to:
1. The Location
Noise pollution, air pollution, flight path, nearby amenities – all these factors will change depending on the location of choice. For example, you might come to believe that living near a school might be calm during the weekends. Unfortunately, that might turn into a nightmare during weekdays as you find yourself bogged down in traffic trying to get around.
Each location has its benefits and downsides. The only way you’re going to discover these is by visiting different locations at different times of the day and night and on different days. Doing so will give you the best idea of what it is like at different moments, which can help you decide whether you like the area or not.
2. The View
Other than the location itself, the surrounding outlook can be just as important. For example, while you might purchase a home in the middle of Sydney’s Inner City for convenience, the outlook will be very limited. This won’t be a problem for some, but if you’re after a more natural view, you’ll need to look somewhere else.
In Sydney, one of the most aesthetically pleasing suburbs is Watsons Bay with its stunning views of Sydney Harbour along with recreational areas and beaches. Of course, the better the view, the greater the competition and the higher the price you will have to pay.
3. The Floor
Now, let’s focus on the home itself. One of the first things you’ll need to pay attention to is the flooring of the property. Afterall, it is what supports the house’s weight.
Uneven flooring and cracks can be signs of trouble with the structural integrity of the property. If you discover anything like these when you’re looking at a property, always be sure to have them checked out before purchasing the home. You must engage a building and pest inspector to report upon any problems and defects with the property before you purchase. If you have spotted any issues, ask the building and pest inspector to provide their advice and estimate of costs to fix the problem.
4. The Walls
Other than the floor itself, you must also pay attention to the walls of the home, as they can contribute to some of the most expensive repairs you can ever face as a homeowner.
Check the walls for any signs of damage and possibly any growth like mould or timber pest activity. If there is any wallpaper or paint on the wall, try to peek beyond that. Any signs of deterioration you might discover can mean that there are other serious problems with the house. For example, if you do discover mould or water damage, there might be a problem with the property’s water pipes and there may be a water leak somewhere. Again, make sure you have the property inspected by a reputable building and pest inspector before you buy.
By doing this, you will be able to work out if there are any serious problems with the property that could be deal breakers.
While it is an attractive prospect to purchase a home in Sydney, you must take these factors and more into heavy consideration. Otherwise, you might be spending much more on the property than you originally anticipated. On the other hand, if you do your research, you will be able to buy with confidence and can then concentrate on beating your competition to ensure that you end up with the property you want.
If you’re looking to buy a property in Sydney, get in touch with our buyers’ agents today to see how we can help you find the perfect home.