Are you looking for a forever home in Australia? If so, you’ll know the difficulties that come with the process. With this in mind, we want to go through the process of finding a home in Australia, and offer some tips for choosing the right property. So whether you’re a first-time home buyer or you’re simply considering a move to Australia, this blog post is for you.
What is a Forever Home?
As the name suggests, a forever home is a property that you plan to live in for the rest of your life. This could be because you love the property, the location, or simply because you can’t imagine ever moving again. Whatever the reason, choosing a forever home is a big decision and one that shouldn’t be taken lightly.
For some people, the goal is to buy a property, have a family, and create memories throughout life in one property. Whereas others may feel they need a change of scenery every few years to keep things fresh. There’s no right or wrong answer, it all comes down to your personal preferences. Naturally, this guide is catered to the former.
Considerations of a Forever Home
Existing and Future Needs – Of course, you’ll want to make sure your future needs are accounted for when choosing a forever home. This will look different for everyone but some key things to think about include:
- Do you plan on starting a family? If so, how many children do you want?
- Do you work from home? If so, do you need a dedicated office space?
- Do you have elderly parents or grandparents who may live with you at some point?
- Do you entertain often? If so, do you need a large dining room or outdoor entertaining area?
If you plan to have children, you need to think about schools in the area and whether you want to be in a city or suburb. If you work from home, you’ll need to have a good internet connection and enough space for a home office. IfYou want to grow a business, this is something else to think about when researching homes. Whatever your goals in life, your forever home will need to accommodate them if it is to remain…well, your forever home.
Your Lifestyle – Another key factor to consider when choosing a forever home is your lifestyle. Do you love to cook and entertain or are you more of a take-out and Netflix person? Do you have pets that need a yard or are you allergic to animals? Consider your current lifestyle when viewing homes and try to imagine how that might change in the future.
Your Budget – This is probably the most important factor when choosing a forever home since you’ll need to be able to afford it. Work with a real estate agent to get a realistic idea of what you can afford in the current market – don’t forget schemes like the rent-to-buy system from PublicSquare. Often, first-time buyers can get into their dream home earlier through this scheme.
Property Age – If you want to stay in a property for 50 years, for example, you might not want to buy an older home because this is more likely to experience issues earlier in your stay. On the other hand, a new build won’t need quite so much attention during the early days; it’s important to strike a balance that works for you.
Location – It’s not just about finding a suburb you like, but also about finding a street you feel comfortable with. Take the time to explore different areas and get to know them before making your decision.