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