Buying Tips

Write your wish list

Make a list of all the things you’d like to have in your new property, including your 'must have' features, such as location, number of bedrooms or parking. Be realistic, and know where you are willing to compromise.

Get your finances ready early

It’s a great idea to get your finances organised as early as possible – being pre-approved for a loan is a big advantage and will help you negotiate with vendors. This is especially important if you’re bidding at auction, as you'll need to pay the deposit straight away. Talk to a bank, lender or mortgage broker (or more than one!) to find out how much you can spend and what your repayments will be. If you aren’t sure where to start, please let us know and we can give you some suggestions.

Organise your lawyer or conveyancer

Make life easier by having a conveyancer or lawyer that you can engage as soon as you take out a contract on a property. If you’d like advice about finding a lawyer we’re happy to recommend some of our reliable contacts.

Think about additional expenses

As well as understanding the costs of your loan repayments, mortgage insurance and stamp duty, always consider the other expenses and ongoing costs. Investigate costs for maintenance, land tax, council rates, home insurance and strata fees (if applicable) so that you know exactly how much to budget for.

Do your research

Understanding the market helps you decide exactly what you want, as well as giving you an idea of local selling prices. Spend some time inspecting as many properties as possible to see what’s available, helping you recognise a bargain or an overpriced property and putting you in a better position to negotiate.

Sign up to property alerts

Property alerts let your perfect property find you – sometimes even before it’s advertised to the general public. Our email alerts let you know about Nest Property listings, and major property search sites, like also have alerts you can sign up for. This will give you a jump-start on the market and saves considerable time. For all of our latest listings, sign up for our property alerts on the home page.

Get a building inspection

Professional building inspections can save you thousands of dollars by avoiding nasty surprises and giving you bargaining power. There are lots of high quality building inspectors in Tasmania – for advice on who to talk to, ask our team.

Final inspection before settlement

Visit the property the day before settlement to be absolutely positive that the property has been left exactly as you agreed in the contract.