Who uses a Buyer’s Agent?
Brisbane is regarded of the world’s most livable cities and is known to have some of the most unique and stunning property in the country due to its tree-lined streets beautiful riverfront and waterways, gorgeous beaches and spectacular mountain ranges. People who are lucky enough to live in this beautiful city can enjoy a multitude of choices when it comes to choosing a home to live in with the wide range properties on offer. Whether you are new to Brisbane or you have lived here all your life, My Property Scout can source properties across the whole city that suit your specific requirements.
Brisbane is an ideal place to purchase prestige property as it offers some of the country’s most lavish residences located in numerous suburbs across the city and surrounding areas. Whether you are looking at waterfront, riverfront, mountain top, acreage or suburban, My Property Scout prides itself on providing an exceptional level of professionalism to achieve the best possible outcome for clients purchasing prestige property.
First Home Buyers
With appealing prices and growth prospects, Brisbane is the perfect solution for first home buyers. With the city’s median reaching an all-time high of $639k (Source: REIQ Queensland Market Monitor, September 2016), several suburbs offer affordable property as well as opportunities for capital growth. If you are willing to do some renovations, you can reap great rewards as a well planned and executed renovation can add up to 10% to the value of your home. Those prepared to move outside the 10km radius of the CBD can find affordable property in well-serviced areas with good public transport, infrastructure and employment opportunities.
Investors are looking for capital gain and yield. Some people say you either get one of the other, but that’s not true. Brisbane offers some great opportunities to acquire property that has a great rental return as well as excellent growth prospects. My Property Scout is skilled at evaluating property markets, identifying growth drivers and suburbs set to surge, locating property that accommodates the financial and personal needs of our clients and negotiating a sales price and contract conditions that benefit the buyer. If you want to capitalise on someone else’s knowledge and experience to grow your portfolio rather than do it yourself, we can assist with the purchase, property management advice, how to attract great tenants and can make suggestions as to what repairs/renovations would ensure the property is getting the maximum yield. My Property Scout understands the process and the complexities of the property market in Brisbane and has an ability to interpret that information, giving buyers an edge so they can make an informed decision.
There is a multitude of reasons as to why people use a Buyers’ Agent when purchasing interstate. Firstly, Buyers’ Agents are a particularly good option for people who find it logistically impossible to purchase interstate due to time, work and/or family commitments. The travel costs can add up, especially if you have to travel interstate a second or third time to inspect properties.
Secondly, and most importantly, the lack the local knowledge in which to make an educated purchase can cost people a lot of money and headache if they make the wrong decision. A locally based Buyer’s Agent knows what areas to buy into and what areas to stay away from. A Buyer’s Agent quickly identifies areas that raise a red flag, such as those who have high crime rates, clusters of social housing, a high number of new ‘house and land’ packages, high vacancy rates (for investors), neighbour industrial estates, are below flight paths and are flood prone. Since all of these factors can drastically reduce a property’s long-term growth and rental prospects, it is easy to recognise the value that a local Buyer’s Agents can bring.
Lastly, the property buying process is different in Queensland to other states. All states have similar contracts, however there are key differences that need to be addressed and a variety of forms that should be understood. For investors to limit themselves to purchasing in one state because it is too difficult, limits a huge amount of investment opportunities.
SELF MANAGED SUPER FUNDS (SMSFs)
The Self-Managed Super Fund sector is the largest sector of the Australian super industry, and purchasing residential property in a SMSF can be a highly effective way of creating more funds for retirement if the strategy is implemented correctly. A Buyer’s Agent can assist in locating a quality asset that suits a SMSF’s long-term strategy of growth and return. You can’t take a risk when it comes to retirement, so this is a perfect opportunity to capitalise on someone else’s knowledge and be reassured you are investing in a valuable asset base from which you can receive a reasonable rental income and realise capital gains for retirement.
For overseas purchaser’s, utilising a Buyer’s Agent is a simple and stress-free way to buy property in Brisbane. My Property Scout support and guide clients through finding and purchasing the right property to suit their financial situation and goals. Whether a client knows the local market or not, will manage the entire process, ensuring that deadlines are met despite any time differences.
Take the hassle out of moving by leaving it up to the experts. My Property Scout has a strong focus on customer service and the building of relationships with clients, so we will take the time to get to know you and your family so that we can locate, negotiate and facilitate the purchase of the perfect family home. We can provide you with local knowledge so you can make an informed decision about what areas suit your specific lifestyle requirements regarding the “culture” of an area, school catchment areas, entertainment, shopping, sporting facilities, parks, dining out precincts and commute routes to the city, etc. In Brisbane, each housing precinct is inherently unique in its demographic composition, features and facilities. Let My Property Scout showcase this beautiful city and work with you to find a beautiful home in the perfect neighbourhood.