Understanding Strata Reports

Q1: Researching Issues in Strata Reports

Q2: Outbid After Signing a Contract?

Q3: How to Evaluate Villa Units

Q4: Making Unconditional Offers in NSW

Q5: Defects, Levies & Price—Deal or No Deal?

Conclusion and Key Buyer Advice

Scary strata reports, surprise levies, and the fear of being gazumped — these are the traps that can derail a first home buyer’s journey.

In this episode, we dive into the most recent questions buyers are asking in our Facebook Group. You’ll hear how to approach a strata report without panicking, what concrete cancer and special levies actually mean for your wallet, and why some red flags are worth running from — while others can be factored into the price.

We also break down the stress of holding deposits and explain exactly when your contract is secure, and when gazumping could still catch you out. Plus, we tackle villa units — a property type that sits somewhere between an apartment and a townhouse — and show you how scarcity and land content affect their long-term value. And if you’re thinking of making an unconditional offer, we cover the must-do checks you cannot afford to skip.

If you’ve been feeling overwhelmed by defects, levies, or confusing contract terms, this conversation will give you the clarity to move forward without regret.

Episode Highlights

00:00 – Introduction

02:09 – Understanding Strata Reports

02:40 – Q1: Researching Issues in Strata Reports

05:45 – Q2: Can You Be Outbid After Signing a Contract?

09:17 – Q3: How to Evaluate Villa Units

13:25 – Q4: Making Unconditional Offers in NSW

15:06 – Q5: Defects, Levies & Price: Dealbreaker or Discount?

17:42 – Conclusion and Final Advice

Mentions
Episode 30 - Where Do You Start with Due Diligence?
Episode 128 - How are private treaty offers handled across Australian states?

Course Details:
THE First Home Buyer Course is our Step-By-Step, No BS Guide to Every Stage of The Home Buying Process – It’s the next best thing to having your own buyer’s agent. With our expert guidance, you’ll know what to do at every step along the way. Become a home owner faster and easier. Click here: https://homebuyeracademy.com.au/YFHBG

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!
Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast
Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825
Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f

Scary strata reports, surprise levies, and the fear of being gazumped &mdash; these are the traps that can derail a first home buyer&rsquo;s journey.
In this episode, we dive into the most recent questions buyers are asking in our Facebook Group. You&rsquo;ll hear how to approach a strata report without panicking, what concrete cancer and special levies actually mean for your wallet, and why some red flags are worth running from &mdash; while others can be factored into the price.
We also break down the stress of holding deposits and explain exactly when your contract is secure, and when gazumping could still catch you out. Plus, we tackle villa units &mdash; a property type that sits somewhere between an apartment and a townhouse &mdash; and show you how scarcity and land content affect their long-term value. And if you&rsquo;re thinking of making an unconditional offer, we cover the must-do checks you cannot afford to skip.
If you&rsquo;ve been feeling overwhelmed by defects, levies, or confusing contract terms, this conversation will give you the clarity to move forward without regret.
Episode Highlights
00:00 &ndash; Introduction
02:09 &ndash; Understanding Strata Reports
02:40 &ndash; Q1: Researching Issues in Strata Reports
05:45 &ndash; Q2: Can You Be Outbid After Signing a Contract?
09:17 &ndash; Q3: How to Evaluate Villa Units
13:25 &ndash; Q4: Making Unconditional Offers in NSW
15:06 &ndash; Q5: Defects, Levies &amp; Price: Dealbreaker or Discount?
17:42 &ndash; Conclusion and Final Advice
Mentions
<ul>
<li aria-level="1"><a href="https://homebuyeracademy.com.au/podcasts/030">Episode 30 - Where Do You Start with Due Diligence?</a></li>
<li aria-level="1"><a href="https://homebuyeracademy.com.au/podcasts/128">Episode 128 - How are private treaty offers handled across Australian states?</a></li>
</ul>
Course Details:
<ul>
<li aria-level="1">THE First Home Buyer Course is our Step-By-Step, No BS Guide to Every Stage of The Home Buying Process &ndash; It&rsquo;s the next best thing to having your own buyer&rsquo;s agent. With our expert guidance, you&rsquo;ll know what to do at every step along the way. Become a home owner faster and easier. Click here: <a href="https://homebuyeracademy.com.au/YFHBG">https://homebuyeracademy.com.au/YFHBG</a></li>
</ul>
If you enjoyed today&rsquo;s podcast, don&rsquo;t forget to subscribe, rate, and share the show! There&rsquo;s more to come, so we hope to have you along with us on this journey!
<ul>
<li aria-level="1">Subscribe on YouTube: <a href="https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast">https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast</a></li>
<li aria-level="1">Subscribe on Apple Podcasts: <a href="https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825">https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825</a></li>
<li aria-level="1">Subscribe on Spotify: <a href="https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f">https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f</a></li>
</ul>

THE First Home Buyer Course. Get there without missing a step.

THE First Home Buyer Course. Get there without missing a step.

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