Buying property is one of the biggest decisions you’ll ever make. Regardless of whether it’s your first time or not, you need to know the choice you make now will benefit you well into the future.

Prepare your finances
Talk to your financier, find a loan that suits you best, and work together to sort out a suitable budget for your specific needs.

Do your Homework
Find a location that caters to your needs. Look for things like proximity to transport and amenities, and schools and park lands for younger children.

Compare
Research recent sales in the area, so you know roughly what you’ll be looking at should you find the perfect home. Try to inspect every property you can in the area, and attend auctions for experience.

Find an Agent you trust
Macquarie Real Estate will assist you with all of your home enquiries, supply you with additional information, and alert you to suitable listings prior to the general public.

Found what you want?
Once you have found a suitable property, ask your Macquarie Sales Agent to send a copy of the sale contract to your solicitor or conveyancer.

Check its Condition
It’s a good idea to arrange for comprehensive, independent building inspections, to warn you of any major defects.

Make an Offer
Once you are satisfied with everything, you are now able to confidently make an offer on the property through your Agent.

Clinching the Deal
Once an agreement has been reached between the vendor and yourself, you will be required to sign the contract of sale and pay a nominal amount (normally around 10% deposit). The deposit will be held in independent trust account.

Settlement Day
The settlement date is nominal, however, it is common to have a 30 day settlement. Your solicitor or conveyancer should request that you conduct another inspection prior to final settlement. This is a precautionary measure to ensure that the property and its inclusions are in the same state as they were during your previous inspection.