[VIC] The Basic (internet search) Due Diligence a Buyer Should Do

Discussion in 'The Buying & Selling Process' started by GreenTea, 24th Nov, 2019.

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  1. GreenTea

    GreenTea Member

    Joined:
    9th Sep, 2019
    Posts:
    11
    Location:
    VIC
    [VIC] The Basic (internet search) Due Diligence a Buyer Should Do

    I'm planning on buying a property in VIC sometime in the next few months. Like everyone else I would search on realestate and Domain and create my own list of favourite properties. The next stage would be doing my own quick internet search (websites below-please add to it) on said properties to eliminate the un-wanted ones for whatever reason. My last bum-on-the-chair step would be to start comparing similar sold properties in the same street and if I can see a trend or not.

    What follows would be steps in the field sort of work, like inspections and visiting the street of a property during different hours and getting a sense of how it's like.

    I hope the experts here will add to my list of FREE websites and how to benefit from them.

    Geocortex Viewer for HTML5

    SMES - Survey Marks Enquiry Service

    Email alerts of planning applications near you | PlanningAlerts

    Search for a planning report

    Did I miss something ? How do I maximise my benefit from the above websites ?

    Thank you so much!
     
  2. Dan Wood

    Dan Wood Well-Known Member

    Joined:
    18th May, 2019
    Posts:
    352
    Location:
    QLD
    I haven't look at those links (yet) I always use Microburbs and a combination of RE & Domain.

    Plus online searches for the area and surrounds.
     
  3. KateAshmor

    KateAshmor Victorian Conveyancing Lawyer Business Member

    Joined:
    25th Jun, 2015
    Posts:
    502
    Location:
    Melbourne
    Looking up the builder and surveyor (for relatively new properties) at the Victorian Building Authority’s website, and generally Googling them.

    Ringing the Council to check if there are any building/enforcement orders, nearby development applications and the general history of a property. Yes, it’s not an online search, but it’s free and often invaluable.

    So is visiting the next street, to check the properties that back onto the one you are interested in.
     

The ABS tells us that household wealth has increased 35.3% but is that of any real use or comfort when it is all tied up in our home? They say cash is king and with prices escalating together with interest rates, that needs to be key to your budget.