FAQ

1. What is the first step to buying a property?
Getting pre-approval from a lender is usually the first step. It helps you understand your borrowing capacity and shows sellers you're a serious buyer.

2. How much deposit do I need to buy a home?
Most lenders require a 5%–20% deposit, though first home buyers may be eligible for government assistance schemes.

3. What is stamp duty, and do I have to pay it?
Stamp duty is a government tax paid when purchasing a property. The amount depends on the property's price and location. Concessions may apply for first home buyers.

4. What does ‘under contract’ mean?
It means the seller has accepted an offer, but the sale hasn’t been finalised yet. Conditions like finance or inspections may still need to be satisfied.

5. Should I get a building and pest inspection?
Yes, it's highly recommended. These inspections can uncover hidden issues that may cost you later.

How do I know what my home is worth?
A real estate agent can provide a market appraisal based on recent sales in your area. You may also consider getting a professional valuation.

1. Do I need to make repairs before selling?
Fixing minor issues (like paint, fixtures, and gardens) can improve your property's appeal and value. Major renovations are not always necessary.

2. What are the costs involved in selling a property?
Common costs include:

Agent commissions

Legal fees

Marketing/advertising

Settlement fees

Potential capital gains tax (for investment properties)

3. How long does it take to sell a property?
On average, properties take 4 to 8 weeks to sell, depending on the market, price, and presentation.

4. Should I stage my home for sale?
Staging can help buyers visualise themselves living there and often results in a faster sale at a better price.

What is rental yield, and how is it calculated?
Rental yield is the annual rental income expressed as a percentage of the property’s value.
Formula: (Annual rent ÷ Property value) x 100.

1. What is negative gearing?
Negative gearing is when your rental expenses exceed your income, creating a loss. This loss can often be claimed as a tax deduction (check with your accountant).

2. Can I buy property through a self-managed super fund (SMSF)?
Yes, but there are strict rules. You’ll need to speak with a licensed financial advisor or SMSF specialist.

3. What should I look for in a good investment property?
Look for:

High rental demand

Low vacancy rates

Capital growth potential

Proximity to transport, shops, and schools

4. What’s involved in managing an investment property?
You'll need to handle tenant selection, rent collection, maintenance, and legal compliance—or you can hire a property manager to do it for you.

Upgrades (like new countertops or a full bathroom remodel) are more nuanced. Some upgrades can increase your home’s appeal and value—others may not give you a return on investment.

Here are a few upgrades that often payoff:

Fresh interior paint (neutral colours)

Modern light fixtures

New cabinet hardware

Landscaping/tidy outdoor spaces

Updated kitchen appliances (if old/outdated)

Avoid costly renovations unless your home is in poor condition compared to others in your area. You may not recoup the full cost.

🧮 Cost vs. Benefit: Do the Math

Before you spend $10,000 on upgrades, ask:

✔️Will this help the home sell faster?

✔️Will it increase my sale price significantly?

✔️Is this improvement expected in my neighbourhoods?

A real estate agent can help you assess whether a repair or upgrade is strategic or unnecessary.

🧼 The Power of Clean & Simple

Sometimes the best investment is a thorough cleaning, decluttering, and staging. These low-cost efforts make a home feel fresh and well-cared for—without any major renovations.

📌 Final Thoughts

Making smart repairs and minor upgrades can help your home:

💫Stand out in online listings

💫Appear move-in ready

💫Sell faster and for more money

But don’t go overboard. Focus on high-impact improvements that appeal to the average buyer in your market.

Thinking of selling soon? A pre-listing consultation with a real estate agent or stylist can help you prioritize what’s worth fixing—and what’s not.

You’ve accepted an offer, signed the contract, and started packing boxes—only to find out the buyer’s financing has fallen through. Now what?

It’s a frustrating situation, but not uncommon. Whether you’re a seller wondering about your rights or a buyer navigating the fine print, here’s what you need to know when financing falls apart before settlement.

🔹 Why Does Financing Fall Through?

Even buyers with pre-approval can be declined at final approval stage. Common reasons include:

🤔A drop in income or employment change

🤔New debts or credit issues

🤔Valuation comes in lower than expected

🤔Lender policy changes or stricter lending criteria

🤔Documentation errors or missed deadlines

In short, pre-approval is helpful—but not a guarantee.

In most Australian property contracts, there's a finance clause that protects the buyer.

If the buyer cannot secure finance by the agreed date, they can withdraw from the contract without penalty—provided they give written notice within the specified period.

✅ The deposit is refunded, and the contract is terminated.

This clause gives both parties peace of mind early in the transaction. However, timing and proper communication are crucial.

🔹 What If the Finance Clause Has Expired?

If the finance period has passed and the buyer hasn’t cancelled the contract, or the contract is unconditional, things change significantly.

Here’s what might happen:

The buyer may forfeit their deposit (usually 5–10% of the purchase price).

The seller can relist the property on the market.

If the property sells for less than the original price, the seller may pursue the original buyer for the shortfall and additional costs (subject to legal advice).

🔹 Can the Buyer Request an Extension?

Yes. Buyers sometimes ask for a short finance extension, usually a few days to a week. As the seller, you’re not obligated to agree—but it may be in your interest if:

The buyer is close to approval

You’d prefer to avoid restarting the sales process

You’ve invested time and money into moving or vacating

Your agent and conveyancer can guide you on whether to grant the extension.

🔹 Tips for Sellers: Reducing the Risk

To help avoid surprises:

✅ Ask for pre-approval with any offer

✅ Review contract terms carefully with your solicitor/conveyancer

✅ Consider accepting offers with shorter finance periods

✅ Vet the buyer’s reliability through your agent

🔚 Final Thoughts

A deal falling through due to finance is never ideal—but it’s not the end of the road. With the right contract protections and experienced guidance, you can bounce back and still secure a great result.

Thinking of selling? We can help you manage risk from the very first offer.
📞 Get in touch today for expert advice and personalised support.

Yes—you can absolutely sell your home while still living in it.
In fact, it’s very common, especially for homeowners who haven’t yet bought their next property or want to avoid paying for temporary accommodation.

That said, there are a few things to consider if you want a smooth sale and a strong result while still living on-site.

🧼 1. First Impressions Matter — Presentation Is Key

Buyers will be inspecting your home, both online and in person. When you're still living there, it's crucial to keep the space:

Clean and clutter-free

Neutrally styled (depersonalise a bit—remove excess family photos and bold decor)

Smelling fresh and feeling inviting

🛋️ Tip: Pack away excess furniture, toys, or bulky items to help rooms feel more spacious.

📅 2. Inspections Need Flexibility

Real estate agents will schedule open homes or private viewings, often on weekends and evenings. While you don’t have to move out, you’ll likely be asked to step out during inspections so buyers can explore freely.

Give your agent a list of days/times that work best.

Try to keep the home inspection-ready throughout the selling campaign.

🚪 3. Storage and Staging Tips

Living in the home while selling can limit your ability to stage it—but with smart planning, it’s still possible.

You might consider:

✔️Temporary off-site storage for excess belongings

✔️Light staging with your own furniture (enhanced by cushions, lighting, and plants)

✔️Hiring a stylist who can work with your lived-in layout

🧾 4. Your Privacy and Security

You’re still living there—so your belongings, pets, and daily routines matter. Some quick safeguards:

✔️Remove or secure valuables, medications, and sensitive documents

✔️Use a lockbox system with your agent for keys

✔️Keep pets safely contained or off-site during inspections

🔄 5. What About Moving Out After It Sells?

When the property sells, the buyer and seller will agree on a settlement period—commonly 30, 45, or 60 days. This gives you time to:

✔️Organise your next move

✔️Pack up

✔️Finalise your own purchase (if buying another property)

In some cases, you can even negotiate a rent-back agreement and stay a little longer if needed.

📝 Final Word

Yes, you can live in your home while it’s on the market—and many sellers do. With a little planning and help from your real estate agent, you can balance day-to-day life with presenting your property at its best.

Yes, you can absolutely sell your home while still living in it! 🏡
It’s common — and with a few smart steps, it can be smooth and stress-free:

✅ Keep it clean and clutter-free
✅ Step out during inspections
✅ Store personal items + valuables safely
✅ Be flexible with open house times
✅ Agree on a move-out date during settlement

You don’t need to move out to move forward!

📦 Want expert tips to sell while staying put?
📲 Send us a message — we’ll guide you every step of the way.

Selling your home is a big decision — and choosing the right real estate agent can make all the difference. A great agent doesn’t just list your home — they market it strategically, negotiate the best price, and guide you through every step of the process.

Here’s what to look for when picking the right agent to sell your home:

✅ 1. Local Market Knowledge

Your agent should know your suburb, street trends, and buyer demographics inside out. They should be able to tell you:

Recent sales in your area

What similar homes are worth

Who your likely buyers are (families, investors, downsizers)

💡 Ask: “What recent homes have you sold nearby, and for how much?”

✅ 2. Experience & Track Record

Years in the industry matter — but so does recent performance. Ask about their:

Average days on market

Sale-to-list price ratio

Auction clearance rate (if relevant)

Tip: A good agent will provide a list of past sales or client testimonials.

✅ 3. Marketing Strategy

How will they get your home in front of the right buyers? A strong agent will:

Recommend professional photos, floorplans, and staging

Know where to advertise (realestate.com.au, Domain, social media)

Tailor a strategy to your property type and price bracket

Ask: “Can I see examples of your recent marketing campaigns?”

✅ 4. Communication Style

Selling can be stressful — you need someone who keeps you informed, calm, and in control.

Ask yourself:

Do they respond quickly?

Are they transparent and realistic?

Do you feel comfortable with them?

Trust your gut — if something feels off now, it probably will during the sale too.

✅ 5. Fees & Commission

Agent commissions can vary — some charge a flat fee, others a percentage (usually 1.5–3% of the sale price). Ask what’s included:

Advertising costs

Photography and signboards

Auctioneer fees (if applicable)

Don’t just pick the cheapest — focus on value and results.

✅ 6. Reviews & Referrals

Check Google reviews, RateMyAgent, or ask friends and neighbours. A great reputation is earned — not claimed.

Bonus: Ask for contact details of a recent seller client you can call.

Final Thoughts

Choosing the right agent isn’t just about selling quickly — it’s about selling smart. With the right professional by your side, you’ll feel supported, confident, and ready to get the best possible result.

Whether you're upsizing, downsizing, or relocating, this checklist will help you stay organised and stress-free.

📦 4–6 Weeks Before Moving

✔️Book a removalist or organise a truck hire

✔️Create a moving budget

✔️Declutter — donate, sell, or bin unwanted items

✔️Arrange storage (if needed)

✔️Collect packing supplies (boxes, tape, bubble wrap)

✔️Notify your real estate agent/landlord if applicable

✔️Book cleaners or line up a final clean

🏷️ 2–3 Weeks Before Moving

✔️Start packing non-essentials (books, decor, seasonal items)

✔️Label boxes by room + contents

✔️Organise utilities for your new home (electricity, water, gas, internet)

✔️Arrange redirected mail with Australia Post

✔️Update your address with:

✔️Banks & insurance

✔️Driver’s licence (Service NSW/VIC/Qld)

✔️Medicare & ATO

✔️Subscriptions

✔️Employer & school

📅 1 Week Before Moving

✔️Pack important documents (keep with you)

✔️Confirm removalist date & time

✔️Defrost the fridge & freezer

Create a "moving day essentials" box:
🧼 Toiletries, kettle, snacks, phone chargers, toilet paper, tools, meds

✔️Prepare a box for valuable items to move yourself

🚚 Moving Day

✔️Do a final walk-through of the home

✔️Turn off water, lights, and appliances

✔️Lock windows and doors

✔️Hand over keys (if required)

Welcome to your new home! 🎉

🏠 After You Move

✔️Unpack essentials first (kitchen, bedding, clothes)

✔️Check that all utilities are working

✔️Register your new address with your local council

✔️Update your home and contents insurance

Relax and enjoy your new space!🥰