Australian Immigration Daily News

Property Ownership in Melbourne From Afar

The Melbourne property market has seen an unprecedented amount of growth over past years and many expect the surge will continue. Now is the best time to secure a property in one of the most lucrative regions of Australia even if you do not live locally. The process of buying in another state or country may seem gruelling, but with the support of a qualified and well-trained buyers advocate you can be supported to purchase a property in the distinctive Melbourne zone.

Locating Advantageous Properties

When buying a property from interstate or overseas it is imperative you receive advice from knowledgeable locals. Each area has a distinctive culture and a range of features that suit different purposes. Buyer’s advocates are trained to understand the specific elements of all Melbourne suburbs and know their potential for a range of purposes. Whether the property is intended as a short-term or long-term investment, or if future dual occupancy expansion or site restructure are essential requirements, are important elements to discuss with an experienced advocate to ensure determine the most lucrative area is selected and the right property is chosen. A thorough initial consultation with a buyers agent will determine your needs and create a portfolio of expectations for your agent to utilise when locating advantageous properties.

The Purchasing Process

Whether you intend to purchase the property without ever leaving your home address or would prefer to visit Melbourne to inspect potential properties, your buyers agent can liaise with you to capatalise on your time and investment. Buyer’s agents streamline the process of purchasing a property from afar and can handle every stage of the process from scouting potential areas, to negotiating sale conditions, bidding at auction, as well as organising pest or building inspections. Each stage of the process can be managed with as much or as little control as you would like, as long as the best people in the industry support you.

Moving to Melbourne

Buyers advocates are equally skilled with residences intended to live in as they are at finding beneficial investment opportunities. If you are moving to Melbourne from another location a skilled buyer’s agent can ensure you have the right property to move straight into upon your relocation. Initial conversations will ensure that a list of suitable properties is tailored to your needs, interests and lifestyle requirements.

International Investment

Investing in the Melbourne property market may be an advantageous way to increase your investment portfolio and skilled buyer’s advocates can ensure you meet the correct criteria to actualise your goals. Some key considerations of international investment include:

• Established properties, new properties and vacant land are subject to a different sets of requirements
• Visa conditions and residency status may impact the ability to buy an established property

Speaking with a registered buyers agent will help clarify your position and ensure you make the wisest choice for your situation.

Buying the Right Property

Once the best property for your needs is located, your buyers agent will help ensure you secure it for the lowest price possible and with the best set of conditions. Mark Ribarsky, Director of Wise Real Estate Advice (http://wiserealestateadvice.com.au/), explains “purchasing in Melbourne from another location is an advantageous position for a buyer. With flexible settlement terms often on the table, many vendors are happy to enter into negotiations that favour our clients’ bottom line”. The support of a qualified and extensively trained buyers agent is essential to buying the most lucrative properties in Melbourne from afar.

To find out how a buyer’s advocate can help you achieve your property goals in Melbourne, give the team at Wise Real Estate Advice a call on 1300 009 473 for an obligation-free conversation.