Before shortlisting
- Confirm the auction is current from the official notice.
- Compare several registered sales, not one area median.
- Set a hard all-in budget including repair and legal risk.
Before bidding
- Read the Proclamation and Conditions of Sale.
- Check title, restrictions, caveats, arrears and occupancy.
- Confirm deposit method and financing completion timeline.
After winning
- Record every deadline immediately.
- Engage a qualified conveyancing lawyer.
- Keep cash buffers for utilities, possession and repairs.
Educational only. Auction, legal, tax and financing terms differ by property and may change. Verify primary documents and seek qualified advice.