Tricks New Homeowners In Sydney Should Know Sydney, December 3, 2003. Houses and units in the Sydney suburb of Maroubra today. The Reserve Bank of Australia (RBA) today announced its decision to increase official interest rates by one quarter of a percent to 5.25%. (AAP Image/Mick Tsikas) NO ARCHIVING

Tricks New Homeowners In Sydney Should Know

Welcome to Sydney! The sunny state capital of the New South Wales, the home of the Sydney Opera House, beautiful beaches and magnificent harbor with the highest numbers of international diversity living in our glorious city will make you fall in love with it. The Sydney might be a metropolitan city with 4, 840, 600 people living in it, but you will never be too far from the famous nature of Australia. Surrounded by some of the world’s oldest National Parks, our city offers you a chance of a laid-back, relaxed lifestyle. Our economy is stable, families thrive and are well taken care of, and if you are having any doubts about moving to Sydney – just come and visit us. I promise you, you will fall in love and never leave this heavenly place.

As our new neighbor there are some things you should do when you settle into your new home. Let me welcome you with a list of tricks that new homeowners in Sydney should know!

Taxes

Let’s start with the most important thing first. If your land value is less than three million dollars, you don’t have any land taxes. However, if you paid more, or are planning on renting out your house, there might be some additional fees. An average cost of a house in Sydney is about 650 thousands of dollars, but if you need some help with your finances, you can always ask for a homeowner grant. In Australia we care for our residents! There is also something that is called stamp duty, and it is a mandatory tax for the transfer of the property, and you have to pay it in your first three months. To calculate how much would your stamp duty cost feel free to use this calculator.

Inspection

Before you make your final offer, make sure that everything is in order. The Australian government wants you to be safe and fully protected, so there is a list of inspections that you can do yourself, such as inspections of wall cracks, door frames, and interior and exterior in general, but also the seller is obliged to fulfill the required standards. Don’t be afraid to ask about every single detail, after all it is your right and you are the buyer. The building inspection report must be provided before you can move in, so inform yourself about how to do this correctly.

Installations

If you noticed some problems with electricity during your inspection, you should ask your seller about it. Make sure that you are getting what you paid for. One thing that all residents know is how much water is important and supplies could be tricky as well, there were a lot of polluting cases in the past and the first thing you need to do when you move in is to find reliable plumbers in Sydney. Fix every leak! You can easily notice on your water meter if there is an increase in numbers when you aren’t using water. As you might know Australia really takes water supplies seriously.

Getting to know the neighbors

Sydney is a large community, but we take care of our own. If you ever find yourself in a need for help, and in any sort of trouble, just reach out and we will help you as our fellow citizens in no time. We can provide you with full support, grants and sponsorships if you need one, and your every interest will be heard and answered as well.

Did you know that the Sydney region was inhabited by native Australians almost 30,000 years ago? It is a historical fact, we have proofs as well. I guess there must be something about this place that makes it a perfect place to live.