Client Profile
- Location: Dulwich Hill, Sydney
- Buyer Type: First home buyer
- Goal: Purchase an apartment within the Dulwich Hill, Tempe, or Marrickville High School catchment, close to transport and shops
Situation
Our client was searching for their first home in a competitive market. Key requirements included:
- Proximity to schools within specific high school catchments
- Convenient access to transport and shops for family needs
- Guidance on the purchasing process, including insights into strata reports, market trends, and property indicators
With limited experience and a competitive budget, they engaged us to act as a buffer with real estate agents, guide them through the due diligence process, and help them secure the ideal property.
Challenges
The search for a high-quality apartment in Dulwich Hill presented specific challenges:
- Competitive Price Point: Finding a suitable property within budget in a popular area required targeted search and negotiation.
- Time Constraints: As busy professionals and first home buyers, the clients relied on us to streamline the process and present only the best options.
- Specific Catchment Requirements: The search was limited to properties within select high school catchments, narrowing the pool of suitable properties.
Our Approach
To meet the client’s needs, we focused on pre-inspecting properties, strategic negotiation, and comprehensive guidance.
- Detailed Property Search and Due Diligence
We conducted a thorough search, pre-screening properties that matched the client’s brief. With each suitable listing, we provided strata report analysis and pointed out key property indicators, helping the client make confident and informed decisions. - Clear Negotiation Strategy and Speed
After identifying an oversized two-bedroom apartment that met all criteria, we developed an aggressive negotiation strategy. Acting swiftly, we submitted an unconditional offer on the same day, eliminating competition and securing the property on favourable terms. - First Home Buyer Guidance and Market Insights
Throughout the search, we provided ongoing support on market conditions, property pricing, and offer strategy. By guiding the client through inspections and due diligence, we ensured a stress-free and educational experience for a successful first-time purchase.
Outcome: Securing an Oversized Apartment Below Budget
Within three months, we successfully secured an oversized two-bedroom apartment in Dulwich Hill for nearly $100,000 below the client’s budget. This well-located property provides convenient access to transport, shops, and the desired school catchments, meeting all the client’s needs while staying within budget. By acting swiftly and strategically, we helped the client secure a high-value property in a competitive market.
Key Benefits to the Client
- Expert Advice and First Home Buyer Support: Provided comprehensive guidance on strata reports, property indicators, and market conditions.
- Efficient Process and Time-Saving Strategy: Pre-screened properties to present only the best options, reducing client stress and time commitments.
- Competitive Negotiation Strategy: Acted quickly to secure the property below budget, saving the client nearly $100,000.
