No one knows the local market better than the agents who live and breathe the neighbourhood themselves. If the agents are locals, they would absolutely know the property market in that neck of the woods like the back of their hands.
#2
Know your location
From schools to public transport access, be very clear about exactly what you want in a location. Shortlist the suburbs that appeal to you then go for a drive. Head to those suburbs and spend some time there, walk around, have a coffee. The best way to get to know a suburb is to immerse yourself in it.
#3
The numbers don’t lie
Follow the median sales prices and property values in your desired neighbourhood by using property values tools like our Local Area Experts report. This report is a comprehensive guide to current property prices right down to the microsuburb, and provides insights into growth and demographic of an area.
Overseas Buyers
Can foreigners buy property in Australia?
Not always. Non-residents are unable to purchase an existing dwelling, however, they CAN buy new properties, off-the-plan apartments and vacant land and commercial properties. Non-resident foreign persons generally need to apply for and receive foreign investment approval before purchasing any residential property in Australia.