Things to consider when buying a new family home
When the time comes for you to move into a new home that's suitable for the whole family, you will need to look at some features you might not have considered in the past. From local schools to open spaces, your real estate priorities may have changed more than you first thought. A real estate agent will be able to guide you through the process, but here are a few key features you'll need to keep an eye out for.
1. Access to quality education
Whereas schools may not have interested you as a single buyer, this will change when you go in search of a family home. Research from the Australian Institute of Family Studies (AIFS) suggests 69% of primary school children attend government schools, and that this was chosen out of convenience. Majority of the parents enrol their children to the school closest to them. So bottom line is, if enrolling your kid to a good school is of importance, securing a new home with well-regarded schools around should be one of the main points to consider.
2. Low crime rates
Crime is something any buyer is likely to take into consideration, regardless of whether they have a family in tow. However, having children can make you more conscious of what's going on in your local area, so it pays to be aware. You can't have too much information when buying property, and this includes knowing what the greatest risks are in your local area.
3. Leisure facilities
Keeping the kids entertained is important, which is why your family home needs easy access to local things to see and do. Whether it's a game of footy in the park or a gentle family stroll, being close to parks and open spaces can provide quick wins when it comes to kids' entertainment.
The government recommend that children should receive at least three hours of physical activity each day, and a maximum of one hour sat in front of a screen. Where your chosen real estate is located can make significant headway in terms of making this happen.
4. Access to public transport
Although you might not rely on public transport to get anywhere, being in close proximity to public transport should still be on your list of things to consider. Being close to a train station or a tram/bus stop will give your children a chance to travel independently to where they need to go as they grow older.
You shouldn’t have to drive more than 30 minutes to get to your morning coffee or buy that pack of toilet paper. Don’t forget to check how long you have to drive to get to your local coffee shop or supermarket, and see if it’s convenient enough for you.
DISCLAIMER: The following advice is of a general nature only and intended as a broad guide. The advice should not be regarded as legal, financial or real estate advice. You should make your own inquiries and obtain independent professional advice tailored to your specific circumstances before making any legal, financial or real estate decisions.