Get in touch Phone Mortgage Broker 1300 088 065

First Home Buyer Hub Buy at Auction Know the property’s value

Know the property’s value

Information is power in real estate, and spending the time to research a property’s value will help you determine the maximum amount you should pay when buying at auction (and save you from overpaying!).

According to the Queensland Government, it’s illegal for a seller or their agent to give you a price guide for an auction property. This is because they cannot know how high the bidding will go. A property may appear on a listing website when you search by price. This is only for the purposes of the web search and is not designed as a price guide.

refinance your home loan

Property values across Australia have increased over the past few years, including Brisbane which has shown > 1% growth in the past 12 months.

Luckily for you (if you’ve been reading this book in order), you already know the best ways to value a property accurately. If you’re getting ready to buy at auction and haven’t done a valuation, head back to Chapter 6 (link) and do your homework!

 
 

  • 1 Your Details

  • 2 About You

Let's get started...

How do we get in touch with you?