Buying a property on a budget

On this episode of the Australia Property Podcast, Buyers Agents Amy Lunardi and Pete Wargent discuss buying a property within your budget.

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About this episode

On this episode of the Australia Property Podcast, Buyers Agents Amy Lunardi and Pete Wargent

discuss buying a property within your budget

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Based on a request from a member of our community we are taking a dive into how to get the best quality property based that fits within your budget.

Buying a property can be scary at the best of times, so what are the things to look at when buying a property to fit your budget?

On this episode of The Australian Property Podcast:

  • Quality – sometimes ‘quality’ is not defined by the price or location, its defined by fulfilling a property brief
  • Understanding financial constraints – what is the best option for me right now, lifestyle considerations & flexibility
  • Considerations when buying a personal home:
  • Do I need to buy ASAP or should I wait and save as a buffer for chaining economic conditions?
  • How would a property fit with my lifestyle?
  • Does this property fulfil my living needs for the foreseeable future?
  • Considerations when buying an investment property:
  • Understanding the risks of leasing a property
  • Does my rental yield offset my cash outflow
  • Will this property provide me with long-term capital growth?

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