Has anyone considered that an early high asking price can contaminate the comparison? If a property began far above buyer expectations, a later reduction may simply bring it into range. The total percentage cut would overstate the bargain.
I wouldn’t reserve cash only under a property-tax heading. A general post-completion fund is safer because unexpected fees, moving changes and repairs compete for the same money. Inspection findings can also be deceptive: a long report may contain mostly minor items, while one less visible issue...
That is a more credible package. Put the price, deposit, conditions, preferred settlement range and expiry in one written offer. Ask the agent to present it rather than negotiate only by phone.
Before signing, have the contract and deposit exposure checked by a Sydney conveyancer or solicitor...
First time tracking Sydney 1-bed property, and I’m trying to work out whether my sample reflects the market or just an awkward slice of it. Asking prices run from A$413,400 to A$620,200, the listings are mostly duplexes, and the typical listing has been visible for 102 days.
My suspicion is...
I wouldn’t automatically read a larger reserve contribution as bad news. A building collecting too little can look cheaper until major work arrives. The concern is whether contributions are proportionate to a credible maintenance plan.
Where I disagree slightly with luca is treating the whole...
Could you clarify what kinds of assignments you are taking on? “Property management” can mean ongoing management, a temporary handover, or help with a particular project. It would also be useful to know your normal response time for a new enquiry and whether the initial review carries a fee.
I’d be careful about viewing frequency itself as the problem. Some tenants report small defects before they become expensive; others stay silent until turnover. Reliable payment does not prove every request is necessary, but a responsive tenant who looks after the apartment may still be cheaper...
I disagree that condition should receive much weight until the micro-location is matched. In Sydney, two superficially similar units can differ because of the exact building position, floor, outlook, noise and natural light. Since light is one of this apartment’s strengths, the completed sale...
What do the association dues actually cover? The amount alone says very little. I’d want the recent meeting records, maintenance plans, shared-building reserves, insurance arrangements and any major work under discussion. A well-maintained, energy-efficient building with adequate reserves can...
The rental option also needs a stress test. How secure is the current tenancy, and would a move or rent increase force you into a more expensive apartment? On the purchase side, look at energy use and likely maintenance inside the unit, not just the shared charges. A lower mortgage comparison...
Twelve per cent below is aggressive, but the presentation matters more than trying to persuade the seller that the home is overpriced. Submit a clear offer supported by the completed comparables you do have, note the visible updating required, and emphasise the flexible completion date. Ask the...
Cold feet alone do not mean it is the wrong house. I’d separate the reversible compromises from the financial ones: dated rooms can wait, but the commute and mortgage payment cannot. Calculate what remains after moving costs, the first payment, insurance and a realistic emergency fund. If that...