Low maintenance homes: a major requirement in buying property

A recent survey of 1,000 homebuyers conducted by CommBank shows that home buyers consider low maintenance cost as a major factor when purchasing property. 47% of those surveyed have purchased or intended to purchase property, with 65% of home owners purchasing a new investment.

While 86% of those surveyed said that they are willing to compromise on certain areas, the top four factors in their decision are size, price, location and low maintenance.

Read more about this on the Property Observer website.