Tips for Buying a Property in Melbourne’s Eastern Suburbs

Aerial view of residential homes in an eastern suburb of Melbourne

Are you eager to start looking at houses for sale in Melbourne’s East, but need help figuring out where to start? 

Well, our specialists at Noel Jones have the real estate insights to help every new buyer find the perfect property to suit their needs. From wondering how to buy a property to finding accessible homes in Melbourne’s eastern suburbs, we are on hand to provide you with a selection of tips to help you put your best foot forward. 

 

Is It a Good Time to Buy Property in Australia?

With so much negativity in the news, it’s understandable that first-time home buyers, families and established individuals may find the thought of looking at houses for sale or purchasing house and land packages in East Melbourne a bit ill-timed. However, with the proper preparation and research, it is still possible to find accessible houses for sale in some of the most popular areas on offer. 

To start with, a good understanding of the market is essential for any buyer. Always be careful to research your choice of a suburb and the houses for sale to better understand what you can afford, and the compromises required to buy a property in the current climate. 

Knowing the difference between common buying processes can also help when deciding on how to buy a property in Australia. For example, investigate the benefits of options like auctions and private sales, as well as any necessary steps you will have to perform, such as receiving pre-approval on loans, undertaking building inspections, signing contracts and completing the final settlement. Being equipped with as much information as possible will ensure you are an informed buyer who can make the best decision for your situation. 

 

Review House and Land Packages in Melbourne’s East 

When looking to buy property in Australia, you can often find attractive financial benefits when you choose to invest in house and land packages. Most notable is the savings on stamp duty, as this expense is only placed on the land you purchase, and not the costs associated with building the property. Regardless of whether you are a first-time home buyer or an experienced investor, this saving will significantly affect your overall outlay. 

Choosing house and land packages where construction has yet to commence can also give you more control over how the finished house will look. Depending on the materials and furnishings you select, it can save you greatly in the long run. 

 

Finding a Family-Friendly Property in Melbourne’s East

As one of the most popular locations in the state for families, Eastern Melbourne offers a wide selection of houses for sale that deliver what many would consider a desirable lifestyle. These suburbs have access to quality and accessible education, open spaces, play areas and entertainment options, and a high proportion of financially stable families prioritising a neat and safe neighbourhood. 

Like anywhere in Australia, the specific real estate market in each corner of Melbourne will have its own unique characteristics. If you are looking for a new home in an area that provides everything your family needs, be sure to do suburb-specific research, or speak to an experienced professional with intimate knowledge of the eastern suburbs of Melbourne

 

Engage Experienced Real Estate Agents in the Eastern Suburbs

Like any major decision, it is always beneficial to seek the advice and support of real estate professionals when looking at houses for sale. 

Before you buy a property in Australia, particularly in the eastern suburbs, working with local agents who know the area, understand the different processes involved, and possess quality experience in the field will only enhance your experience. 

At Noel Jones, you will find only the best agents and property managers with a wealth of shared experience and knowledge working with buyers in Melbourne’s eastern suburbs. Our agency is trusted and respected in the community, so you can enjoy the extra peace of mind and confidence in our abilities when you work with us to secure your new home. 

 

Choose the Best Real Estate Agency in Melbourne’s Eastern Suburbs 

So, if you have decided that it is a good time to start exploring houses for sale and other property options in Melbourne’s east, why not get in touch with our team at Noel Jones? 

Whether you require support as a first-time buyer, assistance with learning more about house and land packages, or more general insight into how to buy a property in the eastern suburbs of Melbourne, we are here to help. 

Contact us or register today. You will be able to find an agent in your area at any of our locations across Melbourne to get started on your real estate journey. 

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