Tips for Buying a Property

Whether you are a first home buyer or a seasoned investor – it is important to remember the basics when purchasing property.
This brief guide to the buying process won’t cover all the do’s and don’ts of purchasing real estate, but will help lay the foundations.
Remember, Percival Property’s office door is always open and mobiles are on for any questions you may have before, during and after your property purchase.


Establish your limit and seek pre-approval.

Identifying a comfortable limit will help guide you in your search for the ideal property.

The options available to you can be accessed through financial institutions and mortgage brokers. Ask them to explain the lending alternatives and the charges that will apply. It would also be beneficial to seek the advice of your accountant or financial advisor.

Budgetary considerations will include legal fees, pre-purchase reports, insurance, mortgage insurance, stamp duty, loan applications fees, moving expenses and utility connections depending on your circumstances.


Your Needs & Wants

Don’t be overwhelmed by the task of locating the perfect property for sale in Port Macquarie.

Break your needs and wants down for ease of research;

Property type

  • Do you have a preference for house, apartment, villa or unit?
  • How many bedrooms are required? Bathrooms?
  • Do you require a garage in preference to a carport and is there a need for additional storage?
  • How many living areas would you prefer, do you want low maintenance gardens, level entry or would a fully managed strata with onsite manager better suit your life style or investment portfolio composition?


Price range is a big determining factor when it comes to location. With this in mind you should narrow down your preferred locations with consideration to lifestyle.

Take into account the proximity of amenities like schools, transport, shopping, entertainment, parks, beaches and sports grounds. Lifestyle is paramount to you, and your tenants in the case of an investment purchase.

Size and features

In addition to the pre-requisites of bedrooms, bathrooms, living areas and car accommodation, think about the features that are non-negotiable and those that should be on the ‘wish list’. Think about your current home – what works for you and what doesn’t… Is there enough storage, is the yard large enough for your children to play, do you have side access and is there enough room for a workshop or home office?

Once you have your list, ensure you rank the priority of each feature. Establishing the ‘deal breakers’ will save you unnecessary time.

Remember, communication with your real estate agent in Port Macquarie enables a better understanding of your needs and wants. You and your requirements are integral to the buying process! Remove the guess work – the better your agent knows you and the more familiar they are with your story, the better equipped they will be to match you with the ideal property!



Buy from a place of authority!

The buyers who equip themselves with knowledge of the local market are better placed to confidently begin the process of negotiation when the time, and property, is right.

  • How do you go about educating yourself?
  • See what is available at both ends of your price range
  • Attend auctions and open for inspections in your preferred areas

Call Percival Property Real Estate Sales or contact us online for a research report on your preferred locations.

Starting your search early will help you gain a real understanding of the value of property in the area/s you are investigating and the market conditions under which you will be buying.

Use these services to ensure you are receiving the right information;

  • Register with Percival Property for quick and easy notification of real estate listed for sale in Port Macquarie and the surrounding region. We will also notify you of properties where there has been an adjustment in price.
  • Register to receive a copy of the Percival Property e-Newsletter. You will receive the week’s open for inspection list, property highlights and topical news relating to property, Percival Property and Port Macquarie.
  • Request a report! Percival Property can provide you with a complimentary and obligation free report demonstrating price trends and useful information about the suburb locations in and around Port Macquarie.
  • View the recent sales. This will provide photos and features of the properties for comparison against those you may be considering.

Stay in contact with our people!

Percival Property Real Estate agents are specialists in their field. Their extensive knowledge of the Port Macquarie real estate market, and passion for introducing people to property has helped set them apart from the rest.