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Thanks for your input Emma.
I have heard the the market in Ballarat is slow at the moment, and maybe I’m being optimistic but I still think that if it’s a good property in a good location at the right price it will rent. The agent tells me spring is the busiest time for renters, so fingers crossed.
I do think Ballarat will be a good investment if you are looking at this as long term thing. I am going to have the agent drop the rent by $10 a week and see if it picks up. It appears you have done your research, but I guess there are always risks involved.
Good luck in your search, I’d love to hear how you get on!
Mandy
Thankyou for taking the time to respond. I will take your suggestions on board. I did also notice that the suburb was listed incorrectly, this is now the second time – not off to a good start!
Overall the service from the agent has been pretty poor, I think I will have to check the terms of the contract and start shopping around. Anyone know of a good agent in Ballarat?
Thanks again Jacqui.
Mandy
Hi Asou,
I read your question and had to share my experience. The answer to your question is YES YES YES.
I have recently done the same and at the last minute decided to have a building inspection done and I am so glad I did.
It turns out that the gas was not connected to the mains, wiring was incomplete, oven not connected properly among other things. Thanks to the inspection I was able to force the builder to complete all these things before settlement.
I would have thought it unnecessary to inspect a brand new property as well but this has probably saved me thousands of dollars and hours in trying to chase up the builder. This cost me about $350 and was money well spent.
Just my 2 cents worth.
Good luck!
Mandy
