The Top 10 Desired Features When Purchasing a Home
Are you curious to see what buyers in the real estate market are seeking in 2022? Look no further! Here is your chance.
By compiling the most frequently searched keywords on realestate.com.au*, we’ve discovered which home extras top buyers’ wish lists this year.
1. Swimming Pool Sling and Safety Equipment B-series The swimming pool has always been an impressive feature of Australian homes, particularly among those with young families.
Australia boasts the highest pool density per capita; according to recent data from Roy Morgan, nearly 2.7 million Australians live with pools at home.
Perth (19%), Brisbane (18%) and Sydney (15%) had the highest populations with home pools; however regional Queensland saw 20%.
RAMS Mackay and North Queensland Franchise Principal Leon Owen notes that buyers in North Queensland typically look for three or four bedroom houses with space for children and pets, and with good phone/nbn connectivity as well as proximity to schools/shops/etc. In their area. RAMS advises buyers that any prospective property they select have good phone/nbn service as well as easy access for them.
2. Garage Australia boasts vast open spaces and limited public transportation between many of our sprawling cities, which is why garages are essential components of many households’ plans.
According to the Australian Bureau of Statistics Motor Vehicle Census, there were 20.1 million registered vehicles in Australia as of March 2021 – all states and territories reported an increase between March 2020-2021.
Since the COVID-19 pandemic began, many Australians have reportedly abandoned public transport and chosen their cars instead.
No wonder, most of us want a safe spot to store our car.
3. Outdoor Area on Your List Who doesn’t desire having their own space outside their home to relax and breathe fresh air? Now more than ever, outdoor living areas are becoming an important priority.
Australia was hit hard during the pandemic and witnessed a global “puppy boom”. Both humans and their four-legged companions alike are seeking fresh air and green grass (even a paved courtyard would suffice!).
4. Air-Conditioning
No matter the season, or La Nina event that may arise, many are eager to install air conditioning for indoor temperature regulation purposes.
Ceiling fans and open windows simply aren’t enough in many parts of Australia when it comes to keeping homes cool during summer or dry during rainy seasons.
5. Ensuite BATHS Aesthetically pleasing bathrooms can be an essential element in life; so wouldn’t it be nice if one were just yours?
Australians still desire their dream homes despite rising house prices and epidemics; these would include plenty of indoor and outdoor living space as well as luxurious features like ensuites and pools.
If you’re contemplating renovation, be sure to inform your lender and select an appropriate mortgage product for your needs.
Renovation has become the new norm for recent first home buyers due to rising home building costs,” Owen states. RAMS takes great care in tailoring each renovation plan specifically to the client’s needs and budget.
6. Balcony
A balcony may fall under outdoor space, but those seeking apartments tend to prioritize this feature more heavily than others.
If your outdoor space is limited, isn’t it reasonable to ask for a small spot where you can sip an espresso and admire your surroundings?
7. Built-In Robes
Newer homes tend to offer this amenity more readily; if you live in an older neighbourhood however, installing a separate wardrobe or armoir might prove more challenging.
Who needs something taking up precious floorspace?
Modern home buyers prioritize convenience and modern amenities when searching for their next house, making the dishwasher one of the most sought-after appliances of 2022.
Once you experience the convenience and benefits of owning a dishwasher, can you ever go back? For eco-conscious folks who care about water conservation, dishwashers offer significant savings over using multiple sink washes throughout the day.
9. StudyBriefOver the last few years, one of the greatest shifts in modern workforce has been towards remote or hybrid working models becoming mainstream for many workers.
White collar workers shifted most of their duties online, enabling most to work from home. Not to mention all the students, freelancers and entrepreneurs taking business activity into their restful places of rest.
Since this trend is on the rise, home offices and studies to accommodate work-from-home lifestyles have become more in demand than ever.
10. Courtyard
Americans love outdoor space! Courtyards can provide essential fresh air. Courtyards are especially essential for buyers in unit price range and lifestyle units who may also have furry companions to consider.
*Realestate.com.au’s most searched keywords as of March 31st 2022 are as follows.
Disclaimer: Please be aware that this information is generalized and was prepared without taking your objectives, needs and overall financial situation into consideration. As such, it’s wise to determine its relevancy to your individual circumstances before acting upon it – if necessary seeking professional advice as appropriate.
