Services / Investors
Make Your Next Property Purchase an Informed One
Buying an investment property is about more than choosing an area with recent growth or finding a property with a high rental yield. The purchase needs to suit your budget, borrowing position, goals, timeframe and appetite for risk. It also needs to be supported by solid market fundamentals and careful assessment of the individual property.
Allan Buyer's Agents helps investors research, assess, negotiate and purchase property with greater confidence.
Who we help
Our investor service may suit you if you are buying your first investment property, adding to an existing portfolio, purchasing interstate, short on time, unsure which market to consider or simply want an experienced person to assess the property before you commit.
Every investor has different circumstances. We begin by understanding what you are trying to achieve rather than starting with a predetermined suburb or property.
What the service can include
Depending on the service you choose, we can assist with the initial strategy discussion, development of the property brief, market and location research, property sourcing, agent communication, inspections, comparable sales, rental appraisal review, due diligence, negotiation, auction bidding and support through to settlement.
We can also coordinate with your broker, conveyancer, building inspector, property manager and other professionals as required.
How we assess a market
A market should not be selected because of one good data point. We look at a combination of factors to understand the strength of demand, the level of supply and the risks that may affect future performance.
That can include local employment and economic diversity, population and household growth, housing supply, building approvals, vacancy rates, rental demand, owner-occupier demand, infrastructure, transport, education, healthcare, affordability and the depth of the local resale market.
The aim is to understand why people want to live in an area, how much new housing is likely to compete with existing stock and whether the property will appeal to future buyers as well as tenants.
How we assess the property
Even in a strong market, the wrong property can still be a poor purchase. We assess the individual asset as well as the location.
That may include the street and immediate position, property type, land size and shape, condition, layout, parking, natural light, noise, nearby properties, maintenance requirements, rental appeal, comparable sales, estimated market value, planning controls, overlays, flood or bushfire exposure, insurance considerations and future resale appeal.
Due diligence
Before a purchase is recommended, the relevant checks need to be completed. We help identify what needs to be investigated and coordinate the process with the appropriate professionals.
Depending on the property, this can include comparable sales, contract review by your conveyancer or solicitor, building and pest inspections, strata information, rental appraisals, planning and overlay checks, flood and bushfire information, insurance enquiries and feedback from local property managers.
Legal, tax, finance and building advice should always come from the appropriately qualified professional. Our role is to bring the information together and make sure the property is assessed as a whole.
We are prepared to walk away
Our job is not to convince you to buy the next property that becomes available. We may recommend walking away if the price is too high, the property does not suit the brief, the due diligence raises concerns, the rental or resale appeal is weak or the purchase relies too heavily on speculative future growth.
Sometimes the best property decision is choosing not to buy.
Buying interstate
Buying interstate can open up more options, but it also makes local knowledge and due diligence more important. We assist clients purchasing across Australia and coordinate the process so you are not relying only on online listings and agent commentary.
This can include market research, local agent communication, inspections, rental appraisals, building and pest inspections, local conveyancing support, property management feedback, comparable sales analysis and negotiation.
The investor buying process
- 01
Initial Consultation
We discuss your goals, budget, finance position, timeframe and previous property experience.
- 02
Property Brief
We agree on the type of property and the key requirements that will guide the search.
- 03
Research and Strategy
We assess suitable markets, locations and property types based on the brief.
- 04
Property Search
We source and review opportunities that fit the agreed criteria.
- 05
Assessment and Due Diligence
Shortlisted properties are assessed for value, suitability and risk.
- 06
Negotiation and Purchase
We develop a strategy and negotiate privately or bid at auction on your behalf.
- 07
Settlement Support
We help coordinate the next steps with your broker, conveyancer, property manager and other professionals.
Why Allan Buyer's Agents
Daniel Allan has been a property investor since 2011 and has assisted with close to 300 client property purchases throughout his buyer's agent career.
The approach is based on research, practical experience and honest feedback. We will not recommend a property simply because it is available or easy to purchase.
A key principle of Allan Buyer's Agents is that Daniel will not recommend a property to you that he would not be comfortable purchasing himself under similar circumstances.
Discuss Your Investment Property Search
Book a call to discuss what you are trying to achieve and the type of support you may need.