Deciding to buy your own house and land can be one of the most significant decisions you will make. Before you buy your property, you have to take into consideration factors such as your budget, home’s design and especially its location.
Whether it is a new home or an upgrade, choosing the right location will not only affect your quality of life, it will also determine your property’s value when you decide to sell it. Here are some tips to consider when finding the location of your new home.
Do Your Homework
Do research based on your needs. No matter if you are raising a young family, downsizing or a young professional, you’ll definitely be looking for a neighbourhood and community where you will fit in. Look for an area that fits your personality and lifestyle. You’ll also want to live in a place that has easy access to transportation, shopping centres, educational institutions, recreational areas and parks and has proximity to work, family and friends.
Your house feels more like a home when you know it is safe. Get an understanding of what happens around your chosen neighbourhood and conduct research on the crime rates in the area. Consider purchasing a house and land package in an area like Donnybrook, Victoria as it is a peaceful neighbourhood that’s surrounded with different amenities. Australia’s Crime Statistics Agency found that in 2018, criminal incidents in Victoria was 380,150, from the beginning of the year until March 31, a staggering decrease of 9 per cent from 416,925 recorded crimes in 2017.
It is important to establish your budget before purchasing your property. Set a budget that you can spend comfortably in your new home and other expenses such as fees, state taxes and duties. Once you have chosen possible properties, compare their prices and see which one fits not only your needs but also your budget.
Finding the right location for your new home can become stressful with the amount of research that you have to do. The right location will let you enjoy a home that is safe and near the places you need to go.