While there’s no one answer, there is a well-tested formula for success, according to WBP Property Group executive chairman Greville Pabst, who has 30 years’ experience as a valuer and agent.

Pabst says many factors go into selecting a suburb, but regardless of which state or territory buyers are in, budget must always come first.

“First and foremost, you have to understand what you can afford,” he says. “Don’t torture yourself going to auctions or looking at homes you simply can’t afford. Set a budget and work from there,” he says.

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