Property Selection Checklist

We’ve been there before - coffee in hand, walking through an open home… looking. But looking at what we ask? Most buyers we work with are unsure of exactly how to inspect a property; and...

What makes a property perform better than a similar one, even on the same street?

This is a checklist to reduce risk & maximise your property purchase.

Pro tip: if you can outline aspects of a property that might not be perfect but are certainly not a deal breaker, you can leverage that information in a negotiation.

This list is extensive and all variables might not be relevant on your property.

Property Level

  1. Aspect
  2. Heating/Cooling/Airflow
  3. Natural Light
  4. Age & Condition
  5. Renovation
  6. Title Particulars
  7. Floor Plan / Configuration / Functionality
  8. Value Add Potential
  9. Construction Type
  10. Development Potential
  11. Land Size / Slope
  12. Sinking Fund (Strata Only)
  13. Insurance - Availability/Premiums/Restrictions
  14. Outgoings (Strata, Levies, Council Rates, Fees, TCO)
  15. Restrictions
  16. Overlays - Heritage & Conservation
  17. Pest Inspection Complete
  18. Building Inspection
  19. Strata Report
  20. Independent Valuation
  21. Floor Space Ratio
  22. Height limits

Proximity (Exclusions)

  1. Main Road
  2. Childcare Centre
  3. School
  4. Commission Housing
  5. Warehouse / Factory
  6. Overshadowing from apartment block

Proximity (Inclusions)

  1. Shops / Cafes
  2. Beaches / Nature
  3. Public Transport
  4. Walkability
  5. Coffee Score

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More Market Insights

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Negotiation Playbook

How to extract the right information and put yourself in the best position to secure the property for the lowest possible price

Location Selection - What you need to know

Location does 80% of the heavy lifting. Take a step back before zooming in - everything you need to know about selecting the optimal location.

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