What Report Do You Need?

I would like the property report because I am thinking of:


Would you like to book a consultation with our finance specialist to discuss your purchasing or refinancing options?

Not sure what kind of property would perfectly fit your financial status?

That’s our job. We deliver tailored finance solutions chosen from a panel of leading lenders, and give you peace of mind with your property purchase.

Contact us today to find out all the ways we can help you.

Property Buying Frequently Asked Questions

What is Core Logic?

Core Logic is Australia’s leading data provider for the real estate industry. They provide property information, analytics, and risk management services in Australia and New Zealand. 

Core Logic’s data is used by the Big 4 Banks and even the Reserve Bank of Australia to make very influential decisions. It’s also accessible to smaller businesses and even individuals.

Their data is so trusted because not only do they have 4 billion data points, they are able to wrangle this data into valuable insight. These insights can then be used by all different kinds of businesses and individuals. 

Core Logic is also trusted because they are completely independent from any bank, real estate company, or government. 

The real estate report you are getting is powered by Core Logic.

What is an RP Data Property Profile Report?

RP Data Property Profile Reports are a trade secret for discovering more about any property.

These reports for properties are available online for a small fee, and give you all the important facts about a property, including a sale price estimation. They are especially useful when considering buying or selling.

Ready to search for properties information? 

How accurate are your property details?

RP Data Property Profile Reports include the basic information about properties such as the size and number of bedrooms, bathrooms, and car spaces, as well as floor plans, images, and a map. 

They also provide information of the properties sale history, rental history and even listing history (i.e. when the property was listed but not sold). 

Get your property reports today and have a guide on your next purchase.

Are estimated price range included on the report?

Using an algorithm, RP Data will estimate a potential sale price range of your property. This is calculated with the data that Core Logic has access to, and is usually given a confidence rating too, indicating how accurate they believe the estimation to be. 

It’s important to note that an agent can also give you a good estimate as they have plenty of contextual knowledge of your market and the property. 

Get you property reports today!

Does the report include comparable properties?

The RP Data Property Profile Report will also include comparable properties of three kinds.

Firstly, they will show properties that are currently listed on the market and are similar to yours. This will give you an idea and information of the competition out there. 

The second set is recent comparable sales. This can give you an idea of how much properties like yours sell for and whether they are in high demand. This is great for personal assessment.

The final type of comparables will be current rental listings. This is great if you’re looking to purchase the property and rent it out, or if you already own the property and are considering your options. This can be an alternative to selling your home, opening up more possibilities. 

This website also have a loans calculator to assist you on your financial decision.

Is your Suburb Performance & Profile Report accurate?

The report also provides overall data on the suburb the property is in. This includes the number of sales this year, the median house or unit value, median days on market, median vendor discount, median asking rent, and more. 

The overview of these statistics over time allows you to see how they are trending, which could help you decide the best sales method to use when selling your home or even whether you should buy or sell at a particular point in time.

You can also see details about local schools to have a more informed decision about the home, or if you are the homeowner, you can use this as a selling point for buyers. 

What is Equity?

Equity is the difference between the banking or lender’s valuation of your property, and the debt that you owe on it.

Why invest in property above other investment options?

  • You can take photos of it, touch it, drive past it and grant your proud grandparents and parents bricks and mortar evidence they can brag about.
  • You can use the equity in one property to buy your next property.
  • Renting out your investment property provides you with an additional weekly, fortnightly or monthly income stream. It is a source of consistent cash flow.
  • Liquidity is as easy as applying for a line of credit once you have built enough equity.
  • It is a security asset that will make your banker happy to help you when you need help.
  • You’re in as much control as you choose to have over your asset. You can manage tenancy yourself, or outsource it. You can negotiate rental increases and tenancy agreements. You can choose to sell the property if there is a benefit to you in doing so.

What information guide do I need when choosing properties?

When searching for a property, it is wise to have set clear criteria of what you are looking for. Don’t just base it on news current housing market rate search online. 


It is important that you are aware of: 

– Affordability: It is important that you have your finance ready as all terms may vary, plus the extra costs such as tax, stamp duty and so on
– Location: Ensure you have researched the areas or communities that suit your lifestyle 
– Property type: decide if you are looking for a flat, apartment, townhouse or house, as well as the size, fitting and maintenance

What questions should I ask the agent or broker when buying a home?

  • Can you show me a recent property sales report to show what the house is worth?
  • Why is the vendor selling?
  • How long has the property been on the market?
  • Are there any known issues with the property, land or neighbours’ properties?
  • Exactly what is included in the sale?
  • How long have the owners lived there?
  • Is the property listed? If so, what grade is it? And is it in a conservation area?
  • How much are council rates / strata fees?
  • Does my credit cards matter for any home loans approval?
  • Is there a way for me to compare properties?
  • Are the requirements the same when buying a commercial property for business purposes?
  • I have several bank accounts. Will it affect my home loan approval?
  • How does property price affects the amount of home loan I could get?

What is the first home buyer grant?

The First Home Owner Grant (scheme) was established to assist eligible first home owners to purchase a new home or build their home by offering a grant.  

The grant amount is determined by the date of the eligible transaction and each state has different rules and regulations.

We have an in-depth video series guide that you could check here.



What are the different ways to buy a home?

There are 4 main ways to buy real estate in Australia 

  • Private treaty – when the vendor, or home owner sets the price they would like to sell their property for and their real estate agent negotiates individually with prospective buyers to achieve a sale as close to this price as possible.
  • Auction – which is a public sale conducted by a licenced auctioneer.  Properties are offered up for bid and if the reserve price is reached the property is sold to the highest bidder
  • Tender and Expression of Interest are processes wherein you submit a single offer, usually accompanied by a 5 or 10 per cent deposit, and it is accepted or rejected by the vendor.

You can now compare what will best work for you. 

When should I organize insurance?

While it is not necessary to have insurance accounts until settlement, it is best to organize insurance from the time of exchange.

If you move into the property before settlement, the seller may want to make an arrangement where you are responsible for insurance starting from the time you take possession. 

No need for any prediction. We at Key Choice Group will give you the information that you need above insurance.

Can I buy a property with another person?

Yes, there are two types of shared/co-ownership you can consider and compare and you just need to be clear with the type of loans that both of your would agree. 


Joint tenants is one, where you and the other individual (spouse or other) own equal shares of the property.

Tenants in common is another form of co-ownership, where the two owners can hold equal or unequal shares of the property.


What special conditions can a contract contain?

A contract can contain different types of special conditions. These include a financial penalty in the event of a delay and soil and termite tests.

What is a Strata Title?

Strata Title is a type of ownership where the individual (buyer) owns part of the property (a lot, townhouse or apartment) and shares ownership in the rest (common property comprising gardens, driveways, etc) through a community association or owners corporation.



Who is a buyer’s agent?

A buyer’s agent acts exclusively on your – the buyer’s – behalf. As a personal guide. The agent helps you identify properties suited to your needs, organizes inspections, negotiates the selling price and contract, and monitors the contract from sale to settlement.

Should I hire a conveyancer or do the job myself?

While you are permitted by law to do your own conveyancing, it is a specialized job best left to a professional conveyancer. Make sure you know what you are doing or you risk delaying the settlement. 

We can guide you with this.


What are the costs of buying a property?

  • Deposit – usually 10-20% of the home’s overall cost
  • Stamp Duty – differs in each state
  • Lenders mortgage insurance if you borrow more than 80% of the property purchase price 
  • Building insurance 
  • Legal help such as lawyers or conveyancers
  • Building, pest and strata inspections 
  • Council rates and strata fees 
  • Moving costs 

    How can I work out the budget I can afford to buy a home?

    Talk to the experts at Key Choice Group, and we can help assess your current earning and assets and develop a plan with you.

    We have 20+ years based of information as our client’s personal financial specialist.  You will be updated with the latest news on the banking rate when it comes on loans. 

    We will also assist you as you find the best lender or banking institution that will help you have a lot of home loans options.

    In addition to that, you will be updated with any promotion product in your target location where you will buy a property.


    What is stamp duty?

    Stamp duty is a charge which is applied by state governments in Australia and is in relation to the transfer of land or property. The State Government charges may vary depending on the purpose of the property purchased.

    What should I look for in a neighbourhood/suburb?

    To determine the right neighbourhood for you, consider your pace of life – are you young and is the proximity to friends and entertainment important or are you looking for a quieter suburb.  

    Do you love being on commercial and business ambiance or are you more of a personal living advocate.

    If you have family plans consider schools, transport and amenitites and safety of suburb.  Consider where you work and the daily commute.  

    No more prediction of property news. Find the best property details here.


    What is the settlement?

    Closing (also referred to as completion or settlement) is the final step in executing a real estate transaction.

    The closing date is set during the negotiation phase, and is usually several weeks after the offer is formally accepted. On the closing date, the ownership of the property is transferred to the buyer.

    Do I need a pest inspection?

    You don’t need a pest inspection but it is recommended that you get one to ensure the property you are buying has no major issues as this could save you a lot of money in the future. 

    If you need to find one, we could also recommend.


    Who is eligible to receive the first home owner grant?

    To qualify for the first home owner grant you must meet the following criteria:

    • Each applicant is a person and not a company or trust, the applicant is a permanent resident or Australian citizen.  Each applicant must be 18 years of age or above.

    • All applicants and / or their spouse / de facto, have not owned a residential property, jointly or separately in any state or territory of Australia before July 2000.  

    • Each applicant must have entered into a contract for the purchase of a home and the total value of the home does not exceed the cap amount for eligible transactions (different in each state).  

    • Must also be the first time an applicant/spouse or defacto will receive the grant and that at least one applicant will occupy the home as their principal place of residence for a continuous period of 6 months commencing within 12 months of purchase.

    What are the costs I should be aware of as I purchase a Property?

    Gas and electricity costs are something else you need to include in your calculations. ABS data shows that back in 2012, Australian households spent an average of $99 per week on energy, with $39 of this dedicated to electricity and gas. The rest refers to fuel for vehicles.
    Prices have generally been rising over recent years, and unless you’ve opted to generate your own power through solar panels or suchlike, chances are your bills are going to increase.
    If you’ve bought real estate in Australia that’s part of a strata scheme, it’s likely you will be faced with some sort of fee. This is generally used for the upkeep of public areas and should be outlined in your contract.
    This is something you need to look into closely before viewing any strata homes for sale. Otherwise, you could find your monthly expenses are higher than you expected.
    The main reason you’re advised to save more than 20 percent of a property’s value as a deposit is, otherwise you’ll be faced with lenders’ mortgage insurance. This is designed to protect your lender in the event you fall behind with repayments on your loan.
    The amount you pay will depend on how much the property is valued at. Speak to your lender if you’re unsure whether this fee will apply to your particular purchase.
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