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First Evaluation of Property for Purchase

by Jason Doran, from the Community

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This first evaluation checklist helps real estate buyers and property managers assess a property before purchase. It covers selling agent details, rental metrics (units, asking price, weekly rent, gross return), local sales trends, and site presentation. Conduct a thorough inspection of exterior and interior areas, including paintwork, walls, ceilings, flooring, kitchen, bathroom, outdoor structures, rear yard, parking, and subfloor, with checks for moisture, drainage, and termite activity. Record outgoings for council, water, insurance, land tax, agent fees, and maintenance. Estimate initial and annual repair costs, assess rental risk, and capture an overall purchase recommendation with signature.

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With SafetyCulture you can

Digitize any process, procedure or policy
Eliminate mistakes made by paper-based processes
Create and share professional reports instantly
Confirm accountability and compliance with a digital log

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This community page makes available free workplace checklists and templates created by other users within the SafetyCulture community. SafetyCulture has re-published this content and where possible, has credited the original author. SafetyCulture has not verified the accuracy, reliability or suitability of any community content. You agree that your use of any of this content is in accordance with SafetyCulture’s Terms and Conditions.