House Hunting….

We started house hunting last August. It’s been a while now. We started from Sydney’s North West side coz we’re pretty much used to west side of Inner NSW. Ever-growing Sydney house prices are now par with London and NY yet affordability isn't the same; the rise and fall of Sydney house prices over the past decade has inflicted lopsided damage on the most vulnerable parts of the city. In Sydney's west and south-west With the rising rental market, smartest would think it is worth paying a manageable mortgage rather than higher rent.

When comparing options we tried to find the location that best suits to our lifestyle. Most important factors for me are distance from work and also need to be located close to specific amenities. We looked through the following list and prioritize accordingly; Work place close, Access to public transport, Family/friends nearby, Shopping facilities, Medical facilities, Childcare, Pre-school, Primary school, Parks, Sporting facilities (e.g. sports grounds, gyms, tennis courts, pools, etc.), Libraries, Entertainment, Appealing streetscape, Low noise area (away from traffic, plane paths and industry), Clean air are just a few. We knew that we wouldn't find the all aligned with one property yet prepared for a reasonable compromise.

When developers offer a home packaged with the land it is to be built on, this is often termed a 'house and land' package. To purchase a house and land package, it is vital to research the location and developer, select a display home, decide upon the type of package you'll purchase, and understand the building process. It is a never ending process.

According to the reports, housing demand remains solid. Sustained growth in household incomes and employment, combined with increased immigration, is expected to support new dwelling investment growth in 2007-08.