Establish your goals and values

 

This one sounds like a low priority but it might be the difference between feeling ready and confident vs. being overwhelmed and lost. Knowing factors such as where you want to live, your desired timeline, what you are willing to spend, and what you need in a home - or are willing to add to your current one to add value - is important. Keep in mind your goals or values can change as you go through the process of selling or buying (and that's ok!). Sometimes establishing what you DON'T want can be just as helpful in finding out what you do. Once you have your values and goals set, these are your helpful guideposts to staying on track, without feeling pressure to say yes if something isn't right for you.

 

 

Think about money

 

As a buyer, money will be at the forefront of your mind - and for good reason! Determining your budget for a deposit should happen well before looking at properties, as the saving can take months or even years to do. Other things to explore are understanding the different home loan options you can choose from, as well as the many additional costs that you will need to factor in. These can include:

 

• Stamp duty

• Legal and conveyancing fees

• Lenders mortgage insurance

• Future repairs and renovations

• Moving costs and more!

 

 

As a vendor, it is important to know the price range you would like for your home or property. To help you understand the market well, our Sales Manager Maria can provide with you a FREE property appraisal (how good!?) This gives an accurate estimate of what your home is worth in the current market, so you can plan your strategy and decide whether you want to go ahead with the sale process or wait a little while for the market to change.

 

 

Research and think ahead

 

You can’t predict the future, but you can get a glimpse of it with our handy ‘Soon-to-be-Listed’ page. This page offers a look at property listings for rent that will be entering the market in the near future. It includes all the need-to-know details: bedrooms, bathrooms, car spaces, special character features, weekly rent price, location and more. Not only does this page feature upcoming properties, but it also gives you a sense of what direction the market is taking and what each home is valued for - this can be helpful even as a buyer or vendor. Other research options can include looking at RealEstate.com, Domain, or our very own Property Sales page.

 

 

Work with the pros

 

As property experts, our Absolute Real Estate NT team is dedicated to staying on the pulse of the Darwin market. We offer informed advice and guidance so that you can set yourself up for success and longevity when buying, selling or renting. Our team is fastidious, hardworking and passionate about helping you achieve your property goals - plus we love a good chat so when it comes to questions, ask away! To get prepared, stay informed and make the most of the 2023 property market work with our team here.