Investing In Sydney With A Buyers’ Agent
Sydney is certainly a tough market to buy and invest in. Sydney has historically been the best-performing capital city housing market showcasing the country’s most expensive suburbs as well as the fastest moving market. Working as a Buyers’ Agent in Sydney is fast paced and exciting as the market never sleeps. However, there are many dangers lurking within the Sydney market for the emotional or inexperienced buyers.
Did you know that many properties that are sold never hit the public market?
Aus Property Professionals are active in the Sydney market and have strong contacts with local Real Estate Agents and developers. This means we often get priority access to properties and first preview of new listings so we can access properties that you would never have known about, including deceased estates, mortgage sales and private sales.
As your personal Buyers’ Agents, we do not only assist you purchasing a dream home or an investment property, but we also educate and mentor you through the process of growing an investment portfolio which is tailored to your specific lifestyle goals in the long term.
We only advise investing in properties that will compliment your portfolio so you are able to grow your portfolio and assist with your serviceability. In this way, many of our clients have been able to purchase multiple properties.
In you are purchasing a family home, we know all the tricks of the trade! We can explain all the Real Estate “lingo” in your terms and ensure you aren’t paying too much over an emotional purchase. We are with you for the entire process from property search right through to settlement. We even attend auctions or can negotiate on your behalf to ensure the property is purchased for the right price and under the right terms.
Why use a Buyers’ Agent to purchase property in Sydney?
Employing a Buyers’ Agent in Sydney can mitigate the risk of purchasing the wrong investment property or paying too much for a property. We separate the emotions from the purchase and don’t get fooled by smooth talking sales agents.
We are highly experienced in the Sydney market and emotionally independent from the purchase. Our judgement is not biased and we base our recommendations on market research, feasibility analysis, economic growth drivers, future development and planning, and historical trends.
We save you time AND money as you will gain access to our research, and our invaluable market knowledge.
We assist you in all aspects of the buying process from the investment strategy, property search, market research, feasibility analysis, negotiation/bidding, through to the settlement process which saves you time and ensures a stress free and seamless purchase.
We work on your behalf to ensure your property is purchased in the right place and for the right price.
- Setting an initial strategy session
- All meetings and communications with you, your broker, your accountant, and your solicitor.
- Access to our network of finance brokers, property managers, property insurance, solicitors.
- Property search, research, feasibility analysis, liaising with Real Estate Agents.
- Evaluating properties to ensure they suit your criteria.
- Preparation of property reports to help you evaluate the properties they recommend to you.
- Due Diligence – including strata, arranging the building and pest inspections, etc.
- Checking final contracts.
How to invest in Sydney
Investors need to remember that Sydney is no Brisbane therefore, the entry level price for a property close to Sydney CBD will come at a premium. What may get you a 3 bedroom house close to Central Brisbane will only afford you a 1 bedroom apartment (without parking) in Sydney. However, the premium you are paying in Sydney is for a very secure investment in the most populous capital in Australia.
When investing in Sydney, you may need to forgo short term rental yield in order to gain the capital growth in the long term. Don’t invest solely on rental returns and cashflow.
But not all suburbs are investment grade.
Sydney Airport is only 8km from the CBD, so if you’re not familiar with Sydney suburbs it is important to do some research to ensure you are not purchasing directly under a flight path.
There is a lot of development in Sydney including the new West Connex tunnel. It is important you keep up to date with government developments so you can understand the impact on the surrounding markets.
In a fast paced market like Sydney, it is important to have an expert on your side to ensure you do not overpay for a property. Real Estate Agents are trained in tactics to obtain the highest sale price possible for a property. It is important to put your emotions aside.
Sydney’s rate of growth has slowed in the short term, but smart property investors will get into the Sydney market now and wait for the next upswing.