Guide 0510 min readUpdated 25 July 2026

Intelligence / Buying ready

A ready property gives you evidence. Use it.

The unit can be entered, the building can be observed and the operating file can be requested. A disciplined buyer turns that visibility into negotiating power.

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The short answer

Ready-property due diligence joins four files: registered price evidence, physical condition, legal and tenancy status, and the full cost of operating the exact building. A viewing alone answers none of those files completely.

01

Before the viewing

Define the budget as total cash required, not asking price. Request title and tenancy position, recent building charges, comparable transfers and the documents needed to understand seller authority.

A shortlist should eliminate units before travel begins. A property that cannot satisfy a non-negotiable use, finance or timing condition should not survive because its photographs are persuasive.

02

Inside the unit and building

Record light, noise, outlook, layout efficiency, cooling, moisture, finishes, parking and common-area condition. Test lifts and the route from car to door. Ask what is maintained by the owner, operator and association.

  • Condition and defects
  • View protection and future construction
  • Parking and access
  • Cooling and utility arrangement
  • Approved service-charge budget
  • Tenancy and notice position
03

Before the offer

Reconcile the inspection with registered transfers and the complete acquisition basis. Put inclusions, defects, tenancy, finance, documentation and deadlines into the offer rather than leaving material assumptions to memory.

Editorial note

Information only. Rates, requirements and building records change. Confirm the current position with the responsible authority and the specific building documentation before relying on a decision.

Make the inputs visible

Run your own whole-cost scenario.

Open the calculator