due diligence and pricing strategy.

Being sure of a property’s market worth gives us the confidence to buy with certainty.

THE MORE WE CAN UNCOVER ABOUT A PROPERTY, THE EASIER IT IS TO MAKE DECISIONS ABOUT WHETHER TO PURSUE IT OR NOT.

Undertaking thorough Due Diligence means we can begin to understand what is really going on with a particular property. It gives clarity to decision making, and we can confidently say, Yes – we will pursue this one, or No – let’s keep looking. And if we do choose to buy this property, we have comfort in knowing where to draw the line when it comes to the price we are willing to pay.

This is the power of research, pricing strategy and due diligence.

HERE’S WHAT WE CONSIDER WHEN PREPARING YOUR REPORTS:

A full Property Summary including area overview and proximity to CBD, average annual capital growth percentages for both houses and units (averaged over a 10 year and 20 year property cycle) with 12 month growth and quarterly growth figures.
Property description, aspect and location, including type of property, style and features of the property, zoning, where it is physically located on the allotment, how the property is accessed, how many properties occupy the allotment (if held in a body corporate scheme) and an opinion of street appeal and overall visual condition.
Demographics in the area – types of residents, owner occupier / tenant split, average weekly income of households.
Current median sale prices of houses and units in the suburb.
The unimproved capital value (UCV) of the lot / property.
Style of neighbouring properties and general streetscape assessment.
Identify possible value add opportunities and their estimated costs.
Flood search with interactive flood report, map and flood assessment.
Google search of the property and current owners.
Walkscore report showing walkability to amenities and transport with distance to city estimations.
Vacancy rate of the suburb as a percentage and interpretation of rentability.
Independently assessed rental appraisal and report.
Tenancy agreements in place, identifying current and/or potential yield and rental considerations.
Yield percentage based on conservative case scenario.
School catchment zones identified.
Flight paths identified and if the property falls within a new or existing flight path.
Identify significant events that have occurred on the property. (Eg. a recent death / major incident)
Body corporate (units and townhouses) assessment of costs including balance of sinking fund, current administration and sinking fund quarterly charges and assessment of special levies and minutes of meeting (if available).
Sellers’ reason for sale and level of motivation.
Estimate of selling price of the property and complete Comparative Market Analysis detailing a market value range according to market conditions and recent comparative sales (identified and assessed).
Purchase assessment including initial offers strategy and maximum walk away purchase price.

YOU WILL HAVE THE FOLLOWING WITHIN 24-48 HOURS OF ENGAGEMENT.

We will also personally inspect the property if required.

This service at a glance …

SUMMARY | Due Diligence and Pricing Strategy is an exclusive service for Buyers who want to understand more about a specific property, in particular, its market value / worth.

WHO IS IT FOR? | Best suited to Buyers who have already sourced a property and need further clarity before making a decision.

PROFESSIONAL FEE | AUD 775

READY TO GET STARTED ON DUE DILIGENCE? LET'S CHAT!

Or you can send an enquiry to hello@wendyrussell.com.au.

Ps. Want to hear what a Buyer who used this service had to say? Check out the success story below and our testimonials.

PURCHASE OF HOOLAN STREET, STAFFORD

CLIENT: MICHELLE

HOW WE CONNECTED | Michelle engaged my Due Diligence and Pricing Strategy service to gain clarity on the price she should pay for a family home she wanted to buy. The property had received multiple offers from other Buyers looking to secure it and I was able to guide Michelle and her partner in a way that landed them the property. They were ecstatic to have bought it!

“We engaged Wendy recently for a purchase. Whilst our engagement was of a small service and it was a niche request, Wendy from the get go was polite, professional and honest. We found her opinion, knowledge and advice extremely valuable for our circumstances. She gave us confidence and lowered our stress levels. I highly recommend engaging Wendy for her services. ”

— MICHELLE CHEONG | BRISBANE

due diligence and pricing strategy.

Being sure of a property’s market worth gives us the confidence to buy with certainty.

THE MORE WE CAN UNCOVER ABOUT A PROPERTY, THE EASIER IT IS TO MAKE DECISIONS ABOUT WHETHER TO PURSUE IT OR NOT.

HERE’S WHAT WE CONSIDER WHEN PREPARING YOUR REPORTS:

YOU WILL HAVE THE FOLLOWING WITHIN 24-48 HOURS OF ENGAGEMENT.

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COMPLIMENTARY CONSULTATION