8 STEPS TO BUYING PROPERTY

2. RESEARCH THE MARKET 

When buying a home, it’s important to consider its future value. There are a number of factors influencing a property’s price potential, but location stands out as the key to future capital growth. Elements to consider are the safety of the neighbourhood, and whether it is close to:

  • Schools
  • Medical services
  • Shops or
  • Reliable public transport

The REIQ publishes median sale prices for houses, units/townhouses and land by suburb, as well as in-depth commentary, in our quarterly Queensland Market Monitor publication. Subscribe by click hereclick here .

Did You Know?

Those looking to buy a house or any other property should also investigate property agents’ offices, listing magazines, newspapers and property websites.

WANT MORE INFORMATION?

Some helpful resources for more information include:

The Office of Fair Trading 
Department of Natural Resources and Mines
Queensland Building and Construction Commission
Archicentre 
Local councils

NEXT STEP

Go to previous page, step 1: Determine borrowing power or Go to next page, step 3: Inspecting a Property