A Guide To Buying A House In Queensland

Whether you’re already a local or are making the move from interstate, there’s a few unique factors to consider before buying a house in Queensland. 

As a natural wonderland, Queensland is famous for its white sandy beaches, stretches of rainforest, tropical islands, waterfalls and more. In fact, travellers are often spoilt for choice when it comes to choosing just one destination for their next holiday, particularly for those looking to escape the cities and get up close and personal with the great outdoors. 

When coupled with a relatively lockdown free two year period, it’s no surprise that our southern counterparts have been flocking to the Sunshine State in droves. With our current property market still going gangbusters, limited availability and skyrocketing prices has meant that buying a house in Queensland has never been more tricky for long term residents and new arrivals alike. 

However, our unique climate and local legislation does indeed differ when compared to some of the other states and territories, so what should prospective buyers take into consideration when purchasing a property in this special part of Australia?

Five Things To Consider When Buying In Queensland 

As many homeowners already know, buying any property comes with an eclectic assortment of fees, applications, and warning signs. However, Queensland homes often have their own unique considerations that require attention, and anyone looking to purchase property in this part of the world should take note of the following before signing on the dotted line. 

Be Wary Of Termites – Given that our state’s signature properties are largely made of timber, Queensland homes do often have a reputation for being prone to termites. Once you’ve made an offer on a property and are waiting for the settlement period to arrive, it’s imperative to conduct a thorough pest inspection to scan the property for termites. 

Flood vs Cyclone – Queensland is famous for its famously moody weather swings, particularly when it comes to water. While the top half of the state is exposed to lashings from cyclones during the wet season, the bottom half of the state can experience dangerous flooding events much like we’ve just seen. Be sure to check your zoning before committing to a purchase. 

Check For Insulation – Buying a house in Queensland requires much more “weatherproofing” than the other states and territories, and checking the quality of a property’s insulation will go a long way when it comes to reducing your reliance on the air conditioner over summer. In addition, it may also help to soundproof the property as well. 

Exposure To Construction – As the state begins the clean up from the recent floods, there’s a lot happening in the way of construction. In addition, there’s also quite a bit happening with building in Brisbane and on the Gold Coast thanks to the upcoming 2032 Brisbane Olympics. An agent is unlikely to inform you on these factors, so do your own research before committing. 

Renovate With Care – When buying a house in Brisbane to renovate, proceed with caution. Some extensions and renovations to a pre-1946 house in the Traditional Building Character Overlay require planning approval. Houses constructed in or before 1946 may require assessment against the Traditional Building Character (Demolition) Overlay Code. 

Dubbed “Australia’s Hippest City” by Lonely Planet, there’s no denying that Brisbane has finally started to shake off the perception of being a little bit daggy. Instead, the spotlight is shining bright on the local arts scene, pumping nightlife, and great coffee and restaurants alike. 

Hugging the Brisbane River, the appeal of the city stretches far beyond the central business district. Each suburb of Brisbane doubles as an urban village, and even despite skyrocketing property prices, buying a house in Queensland is still the affordable choice when compared to the likes of Sydney or Melbourne. 

However, finding the right financial product to secure your new Queensland home is no easy feat. Since purchasing a home is not an everyday purchase for most Australians, navigating the many options can be overwhelming – which is where the services of a local Brisbane mortgage broker can be a lifesaver. 

Partnering With The Home Loan Professionals 

Navigating the complex world of home loans has long been regarded as stressful, frustrating and time consuming – but if you can find the right advice on sourcing how mortgages work, then the good news is that it doesn’t have to be.

Since their inception in 2012, the team at Madd Loans have worked tirelessly in providing over 2,000 Queenslanders with finance options to help turn their dreams into reality. With the entire brand being built on referrals, owner George Samios takes great pride in making the loan process both fun, educational and stress free – and he has a swag of awards to prove it.

If thinking about your financial future strikes a chord with you, then it might be time to speak to a professional. Whether you’re chasing mortgage solutions or a financial fairy godmother, the team at Madd work together as a collective to turn your goals into reality.

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