Are you planning on buying a home in Bondi Sydney?
Bondi is one of the most sought-after addresses in Australia, with the area world-famous for having one of the most beautiful beaches in the world. No wonder the 11,000 strong suburb balloons out to more than 40,000 on a typical summer weekend, with tourists, backpackers, and locals all making their way to find relief from the heat in Bondi’s cool blue waters.
Bondi has a reputation as being a party town for the rich and famous. While it does have its moments, the area is mostly home to families who enjoy the outdoor and beach life. The CBD is only 7km away, so most of the population around Bondi is made up of young families commuting to the city for work.
The locals at Bondi are also spoiled for choice with shopping, dining out, and transport, so there’s a lot to love about life in Bondi. Whether you enjoy a busy nightlife or would prefer to relax in quiet solitude, there’s a little pocket of Bondi that is just right for you.
If you are planning to buy a home in Bondi, it’s smart to know exactly where to start and who you need to help in the process of finding the right property, financing it and moving in.
Here are a few quick tips on what you need to know.
1. Find an experienced Eastern Suburbs property buyers agent to work with
Choosing the right Bondi property to purchase isn’t easy and can be costly if you make the wrong decision or overpay. That’s where engaging an experienced local property buyers agent can help. It’s one of the best ways to take advantage of inside knowledge about a location and secure the best price on the property you want.
Your Eastern Suburbs property buyers agent will also educate you on which areas are set to increase in value, the general vibe of a neighbourhood, and where to settle down if you need access to the best schools.
2. Choose a good local mortgage broker
A good Bondi mortgage broker is essential for getting the best deals and the lowest interest rates. Walk into any financial institution for a mortgage, and their only goal will be to sell you on their products, which aren’t always the best options.
Why do all the running around trying to find the best deals yourself, when your mortgage broker already has all the information you need at their fingertips?
Best of all, your local mortgage broker is paid by the financial institution, so their expert service is usually available to you at no cost. And because they are independent operators, their advice is free of bias.
3. Connecting with local Bondi trades
You can use the online trade directories like everyone else, but unfortunately many allow “any” business to list, so you still risk ending up with “Dodgy Joe”.
Going with the first few listings in the search results is also no guarantee the tradesperson you end up with will be reliable. Just because a business knows how to get a first-page listing in Google, doesn’t mean it’s safe and trusted.
Need help finding trusted businesses in the Bondi area?
Why not connect with a trusted business on our Tradebusters Connect Top 3 Local Choice business directory in the Eastern Suburbs. We have done the research to select highly recommended trades, property and finance professionals to be in our network.
See who got a Top 3 Local Choice spot near you.