If you’re planning to buy a property, you can get a free property report from RateCity. In this report, you’ll find all the relevant information you need to narrow down your search and make a well-informed offer.
A property report can help you by giving you helpful information to guide you through the buying process. For instance, the location or suburb information in a property report can help you decide whether it’s an area suited to your lifestyle. It will include details like the schools in the area, the number of parks, population demographics, and may even have the crime rate.
You’ll also get information about recent sales in the area, which will help you understand the price you may expect to pay. It will have historical sales data like the number of sales when it was sold and how much. By reviewing the past sales, you can gauge whether the price you’ve offered or that the agent has offered as the expected sales price is reasonable or not. You’ll also find pictures of the interior and exterior of the property. This will give you an idea of the general condition of the property. This will include the floorplan to see if it fits your family’s requirements or if you’d need to undertake any major renovations.
Information about recent sales in the area can help you understand the price you may expect to pay. By reviewing the past sales, you can gauge whether the price you’ve offered or that the agent has offered as the expected sales price is reasonable or not.
Even sellers can benefit from getting a property report. It will help them get a realistic estimate of how much their property may be worth in the current market based on recent sales.