Buying Property in Sydney's Northern Beaches
The visa has been granted and suddenly you have to plan your move to Sydney. One of the biggest decisions has to be where to live once in Australia and whether it's best to buy a property or try renting property first to get to know the area. You may also be considering a property investment in Sydney for the future.
A lot will depend on your personal circumstances and your visa type. Those people lucky enough to be granted a permanent visa have the freedom of knowing they won't necessarily need to leave Australia after a few years. For these people, buying a property as soon as they can, may be their best option. For others on temporary visas, buying is not out of the question, but approval from the Foreign Investment Review Board (FIRB) is required. This generally takes around five weeks to come through and the main stipulations are that any residential property bought by temporary visa holders must be their main residence, is not to be rented out, and must be sold when the visa expires or they leave Australia. See www.firb.gov.au for more information.
Of course buying a property in Australia often depends on the sale of a property in the home country first, and co-ordinating the sale of a family home with flight bookings and job transfers can be tricky. However, if you have decided to buy a property to live in, or as an investment, before arriving in Australia, the time allocated to finding a property generally needs to be longer than for a property rental, and you need to know the process involved in this country.
Sydney Settlers can help you with this process. We work closely with a number of professional, totally independent, property buying agents who can often locate and finalise the purchase of a property for their clients within a very short time. They work closely with their customers from the start, getting to know their requirements, offering a short-list of suitable properties and often securing a property before their clients have even arrived in Australia. The price of their service is far out-weighed by the time saved in researching areas and sourcing properties, and their solid relationship with local real estate agents means they often have knowledge of properties for their clients before they even come onto the market.
Property buyers offer access to professional negotiators who offer unbiased advice on the true value of a property and obtain the lowest possible price for it - they coordinate the support services needed, such as solicitors, mortgage brokers, building inspectors, quantity surveyors etc. and save their clients valuable time and money by offering a total purchase package.
If you are thinking about buying a property in Australia and would like us to pass your contact details on to one of our buyers' agents for a no-obligation discussion, please use our Contact Form or submit your brief details below: