Welcome to Location Property Group

Whether you are looking to buy, sell, rent, manage or invest, Location Property Group is the first choice.

Simply put – we are independent and proud of it, working harder to offer sellers, buyers, landlords and tenants a quality tailor made service.

Contact us via our online form or call us on 02 9439 3188 to discuss your property needs.

Welcome to Location Property Group

Whether you are looking to buy, sell, rent, manage or invest, Location Property Group is the first choice.

Simply put – we are independent and proud of it, working harder to offer sellers, buyers, landlords and tenants a quality tailor made service.

Contact us via our online form or call us on 02 9439 3188 to discuss your property needs.

Latest from the blog

  1. 14 Things to Consider When Buying a Home 06th Nov 2018

    Buying a Home Buying a new home is a very exciting time and there are many things to consider when choosing which property to buy. Here we've put together a list of 14 things you may want to consider when buying a home. 1. Property Location Property location is one of the most important points to consider. Transport Do you need to be close to public transport for work? If so find out how long it will take you to get to your local train station or bus stop and how long it will take you to get to where you need to be. What will it cost you to get to work? If you can’t take public transport it may end up costing you a lot of money if you have to drive and pay for parking. Schools and Childcare If you have a family or are planning one in the near future, thinking about access to childcare and schools might be an important consideration. Shops, Cafes & Local Amenities Is the property within walking distance or a short drive to be able to access a supermarket, pharmacy or post office? If you like keeping fit, is there a gym nearby or an outdoor gym or park? Local Doctor/Medical Centre Will you have close access to a good local doctor or medical centre? Friends and Family Is being close to friends and family an important consideration for you? If so, buying a property in a similar area, or one with convenient transport links, for example: choosing a suburb on the same train line as close family or friends, could be an important consideration. 2. What is the Neighbourhood Like? What is the noise level like? Is the neighbourhood clean and well looked after? Are there any developments going on in the area which might obstruct views or cause noise and travel disturbance. If you have any concerns with the neighbourhood, you could always knock on a neighbours door and ask them about the property and the neighbourhood to find out if there have been any issues or noise complaints. 3. Is There Any Risk of Flooding to the Property? Is the property close to a body of water or at the bottom of a slope that could increase the flood risk? 4. Do Your Research to Get the Best Mortgage for Your Circumstances Research and shop around with various lenders to get the best rate going, this could pay off significantly over the term of your loan. Find out how much you can borrow and get pre-approved, so you can put in an offer if you find the right property. Make sure you can comfortably pay the monthly mortgage payments and still have the budget to take care of all your other expenses. 5. Recurring Costs Here are some of the ongoing costs that you may need to consider: Council Rates Strata Utility Bills Home and Content Insurance General Up-keep of the property - such as painting or gardening costs Check to see what the rates will be in the area you are considering moving to so that you are aware of the costs. 6. Will You Need to Make Any Renovations to the House? If the property is old and run down or doesn't quite meet your needs then you may need to consider whether you would be prepared to renovate. What would these costs look like and are they realistic for your budget? 7. Property or Building Report A property inspection may unveil things such as termite activity, plumbing issues such as; leaks, damp and mould, electrical issues and structural integrity of the property. This could lead to a deal/ no deal situation or you may be able to use the results from the inspection as bargaining power on the purchase price or asking for the issue to be fixed before the exchange takes place. 8. Water Pressure Check that there is sufficient water pressure: turn on the shower and taps to see how long it takes for hot water to come through and that the pressure is adequate. 9. Water Heating Investigate the water heating system and if it will suit your needs - a small boiler might be fine for a couple but would unlikely suit a young family of 4. Check the age of the heating system to assess if it will need replacing in the near future. 10. Power Check that there are sufficient power points in each room and that they are in good condition. Also, make sure that safety switches are installed in the meter box - any issues here should be raised in the building report. 11. Heating and Cooling Is the heating/ cooling system in place satisfactory for your needs? If not, can you do without these or can you afford to get heating/ air conditioning installed? 12. Does the Property Have Sufficient Storage? Does the property have enough storage for your needs? If you don't have any spare bedrooms or storage rooms, then is there a garage and shed for storing gardening equipment and tools and is there adequate cupboard storage space within the house itself? 13. Does the Property Have Enough Natural Light? Natural light is very important to a lot of people and a house with poor natural light may make it a difficult sell if you need to later on. 14. Speak to Your Real Estate Agent If you have any concerns about purchasing a property, speak with your real estate agent who can find out from the seller if there is anything about the property that might affect your decision to buy it. Real Estate Agents are a wealth of knowledge when it comes to properties so make sure you ask lots of questions and get all the information you can about your future home. Infographic: 14 Things to Consider When Buying a Home Share to Facebook Share to Twitter

  2. Should I Use a Property Management Company for My Rental? 26th Oct 2018

    Whether to use a property management company for your property comes down to individual circumstances. Factors including: How busy your life is Your location Your experience Whether you are actually willing and able to do the work yourself can all come into play. Proximity to the Property Are you close enough to arrange inspections, carry out regular checks on the property and respond in a timely manner to tenant requests? Location doesn't have to be an issue, but it can make things a little harder if you aren't close by or have someone to do the necessary ‘in person’ checks. Do You Have Sufficient Time Available? Some tasks can take up a considerable amount of your time. For example: Reference checks Getting things fixed Dealing with late rent payments Answering tenant queries and Running open house visits. If you work long hours or have to manage multiple properties it may be a better use of your time to outsource property management. Working out what your time is worth to you, and whether you see more value in doing something else with your time is an important consideration. Does It Make Financial Sense? If you are on a very tight budget, or the cost of your mortgage has gone up, then it may make financial sense to look after the property yourself. However, it may still be a more efficient use of your time to outsource, as more time can provide the opportunity to generate income from other sources. Do You Have Experience in Managing Property? If you have property management experience then it could be wise to manage the property yourself. Otherwise, there are lots of advantages of using a property management company including the following: Setting the Rental Price You will need to set the rental price to a level that both minimises vacancies and allows you to choose the best tenants. A property manager would have the experience and knowledge to set an appropriate price. You will need to determine which tenants are most likely to: Pay rent on time Look after your property Stay in your rental property on a long-term basis Maintain a stable income Making Sure the Rent Is Paid on Time Property Management companies are generally strict about the rent being paid on time. They will have processes in place to minimise lateness, for example: charging late fees. They also have a good understanding of the rental law: they will know what steps to follow if there are any issues with the tenants paying their rent or any other issues related to the property. Property Marketing An important consideration is the marketing of the property. This may include: The property listing itself, and describing all the important aspects that a prospective tenant may need to know Photography that represents the best that the property has to offer Displaying the listing on various property websites to ensure the listing gets the most possible views Managing the enquiries Choosing whether to manage the property yourself or seeking the services of a property management company will depend on your situation and whether you are able to invest the time in doing it yourself. If you are interested in speaking with us in regards to property management, please call Leda our property manager on 0431 018 486.

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