Three Choices for Your First Home Purchase

House and lotIt’s every working Aussie’s dream to be able to buy their first home. It doesn’t matter if it would be a bachelor’s pad for a single occupant or a small home with a simple garden for those just starting a family.

Choosing from among Sydney’s for sale real estate options is tough, notes LSRE.com.au. It would take a lot of time to research, study the property offerings and finally decide which one to purchase. Here are a few property types you might want to consider for your first home:

New Apartment Units

These are the easiest to find and the nearest to the central business district of Sydney. Most of these units are also quite affordable with varying payment schemes. With the introduction of new arrangements such as rent-to-own for brand new ones, the possibility of loan approval is reachable.

Check with real estate professionals before making any final decisions. They can advise you on the best offers for new projects.

House and Lot

Should you prefer a home with a more domestic feel, then a house and lot is the answer. Although these properties may be a bit more distant from the centre of town, you usually do get more space.

Most of the ones for sale are usually in the south western part of Sydney. The properties here may be older homes as new house and lot projects are quite scarce within the city.

Auctioned Property

Getting a house through an auction would require more than just a bit of professional advice. You would also need to do some pre-auction preparation, such as arranging your finances and researching on the properties. So if you are not yet familiar with how to participate in an auction, make sure to consult with the right people who can guide you through this.

For each option, there are pros and cons. Just remember that experienced property consultants are ready and willing to help you decide on what’s best for you.

About the Author

As a New York-based psychologist. Thelma Scott has conducted several seminars tackling adult autism.