Buying Guide

Purchasing a property is an exciting journey, and at Coastline Prestige, we’re here to guide you every step of the way. Our local market expertise and professional support will help you find and secure your dream home or investment property with confidence.

Step 1: Define Your Needs and Budget

Before you dive into the property search, take time to clarify exactly what you’re looking for and how much you’re comfortable spending. Consider the type of property that suits your lifestyle and the features that are non-negotiable (like number of bedrooms, parking, outdoor space, etc). Think about your preferred location, including proximity to work, schools, shops, or lifestyle areas.

It’s also essential to understand your borrowing capacity. Speaking with a mortgage broker or lender to get pre-approved will give you a clear picture of what you can afford. This not only sets realistic expectations but also strengthens your position when making an offer.

Step 2: Explore the Market

Once your goals and budget are clear, it’s time to explore the market. Start researching suburbs that align with your lifestyle and financial position. Look at recent sales, median prices, and local amenities to see what your money can buy in different areas.

Pay attention to market trends and whether prices are rising, holding steady, or dropping. This insight can help you make strategic decisions about timing and negotiation. Our Coastline Prestige agents are here to guide you with local data, suburb comparisons, and property insights tailored to your goals, helping you make well-informed choices.

Step 3: Partner with a Trusted Agent

A good real estate agent is more than someone who opens doors. They’re your advisor, negotiator, and guide throughout the process. At Coastline Prestige, our agents bring in-depth local knowledge, access to exclusive off-market listings, and experience across a range of property types.

Whether you’re buying your first home or your fifth, having a trusted agent in your corner ensures a smoother, more confident experience from start to finish.

Step 4: Find the One & Make an Offer

When you walk into the right property, you’ll know – and that’s when it’s time to act. Your agent will help assess market value by comparing similar sales and property condition, then guide you through making a strategic and fair offer.

Offers are typically submitted in writing and may include terms such as your preferred settlement date or special conditions. We’ll handle the negotiation process and work to secure the best possible outcome on your behalf, while keeping you informed every step of the way.

Step 5: Contract, Checks & Settlement

Once your offer is accepted, the legal and financial side of the purchase begins. Your solicitor or conveyancer will review the contract of sale and ensure all terms are clearly understood and in your best interest. This is also the stage to complete any due diligence, like building and pest inspections, to confirm the property is in good condition.

Your legal representative will help get everything in place for settlement. On the big day, the remaining deposit funds are transferred, all documents are completed, and you officially take ownership of your new property. Keys in hand, it’s time to celebrate your next chapter!

Private Treaty

Private Treaty

Once all conditions are met, both parties sign the contract, and the buyer pays a deposit. The remaining balance is paid on the settlement date, and the property ownership is transferred.

Auction

Auction

If you purchase at auction, there is no cooling-off period. The deposit is paid, and the contract is signed immediately after the auction. The process then moves to settlement as with private treaty sales.

Settlement Day

Settlement Day

On settlement day, the property ownership is officially transferred to you. Ensure you have insurance in place and all utilities are set up for a smooth transition into your new home.

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