Are you on the hunt for a coastal property in Perth, Western Australia? If so, you've come to the right place. As a real estate settlement agent in Perth, we understand the unique dynamics of the local property market. To ensure you make an informed decision when investing in a coastal property, consider the following tips.
1. Capitalise on Proximity to the Beach
When contemplating a coastal property purchase, take into account its proximity to the beach. Homes located within 1 kilometre of the shoreline offer substantial potential for capital growth. This is because buyers are drawn to the idea of having the ocean within a leisurely stroll from their doorstep.
2. Invest in Ocean Views
Ocean views can significantly enhance your property's long-term value. To maximize this advantage, consider enlisting the services of an architect. They can help you design your new home to optimize those breathtaking ocean vistas.
3. Location Matters More Than Style
In coastal areas, the location often matters more than the architectural style of the property. While certain styles like Tuscan and Mediterranean tend to be more popular, don't overlook Federation-style homes in excellent locations with competitive pricing. This can serve as a cost-effective entry point into a prestigious coastal area.
4. Research Local Developments
Stay informed about any planned developments in the coastal area you're eyeing. Contact the planning division of the local council to check for upcoming projects like marinas, hotels, restaurants, or cafes. Such infrastructure can significantly boost property values, as exemplified by the success of the Hillarys marina.
5. Assess Wind Conditions
Don't underestimate the impact of wind conditions when buying a coastal property. Visit the property in the afternoon when sea breezes are typically stronger. This will give you a more accurate sense of the wind conditions and help you make an informed decision.
When you're ready to embark on your journey to find the perfect coastal dream home, make sure Adaptive Settlements is your chosen Settlement Agent. With Adaptive Settlements, your Perth property transaction is in safe and reliable hands. Contact us today for all your real estate settlement needs. Your coastal property investment deserves the best, and we're here to ensure that your interests are protected throughout the process.
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