First Home Buyers
First Home Buyers
May 30, 2025
by

Nude Home Loans

Decode Property Listings Like a Pro

Decode Property Listings Like a Pro

How to Read a Property Listing Without Getting Tricked

Ever seen a listing that sounded amazing… only to rock up and realise it’s nothing like the photos?

You’re not alone.

Real estate ads are full of spin, vague language, and selective photography.

So if you're a first home buyer trying to make sense of the madness, here’s how to read a listing without getting fooled.


🕵️‍♀️ What “Contact Agent” and “Price on Application” Really Mean

If a listing doesn’t include a price, it’s usually for one of two reasons:

  1. The seller doesn’t want to set buyer expectations too early

  2. The agent wants to fish for your budget before revealing anything

Nude Tip: If you’re interested, ask for the Statement of Information (it’s a legal requirement in VIC). It shows the selling range and recent comparable sales.


📸 Listing Photo Red Flags

  • Wide angle lens = room looks bigger than it is

  • Brightened images = hides poor lighting or worn finishes

  • No exterior shots = possibly on a main road or next to something ugly

Also, if the photos are all of the beach and local cafes — not the home — that says a lot.


🧠 Common Real Estate Code Words (and What They Mean)

Code Word

What It Really Means

"Cozy"

Tiny

"Neat and tidy"

Basic

"Add your own touch"

Needs serious reno

"Up-and-coming"

Not great area… yet

"Low maintenance"

Small yard (or no yard)

"Affordable"

Cheap for a reason

These aren’t always bad — but don’t fall for them without seeing for yourself.


📝 What to Look for in the Listing Details

Check:

  • Land size (in sqm) — especially for houses

  • Type of title (Strata, Freehold, Company Share)

  • Year built / last renovated

  • Inclusions (air con? dishwasher? parking?)

  • Body corporate fees (for apartments/townhouses)

Also check the days on market — long listings can mean pricing problems or hidden issues.


🧰 Questions to Ask Before Inspecting

  • What’s the asking range?

  • Any major issues (foundation, flooding, owners corp disputes)?

  • When was it last sold (and for how much)?

  • Has the price been reduced?

We give Nude clients a checklist for every inspection to stay sharp and avoid surprises.


🏠 Real Example: Max in Footscray

Max almost bid on a “spacious” apartment that looked great in photos. But a closer inspection revealed:

  • No parking

  • No natural light

  • $8,000/year in body corp fees

We helped him:

  • Compare similar places nearby

  • See through the sales tactics

  • Find a better, cheaper option the next week

“I was ready to jump in — glad Nude helped me pump the brakes.”


✅ Don’t House Hunt Alone

We help you:

  • Decode listings and avoid overpaying

  • Understand real values vs hype

  • Make smart, confident offers

👉 [Book a free buyer coaching session with Nude Home Loans]

Let’s find the real deal — not just the best-advertised one.

need a loan?

Let's strip that down together

The Road To Home Ownership Starts With A Single Step.

Nude Home Loans was established with one primary goal - Let's get every Australian into the property market.

We believe the best way to do this is by providing you with the tools and information to make an informed decision about your home loan without the stress or hassle commonly associated with the process.

We strive to make your journey to home ownership an easy and enjoyable one, because it is an exciting journey, and we believe it is something to celebrate.

need a loan?

The Road To Home Ownership Starts With A Single Step.

Nude Home Loans was established with one primary goal - Let's get every Australian into the property market.

We believe the best way to do this is by providing you with the tools and information to make an informed decision about your home loan without the stress or hassle commonly associated with the process.

We strive to make your journey to home ownership an easy and enjoyable one, because it is an exciting journey, and we believe it is something to celebrate.

need a loan?

The Road To Home Ownership Starts With A Single Step.

Nude Home Loans was established with one primary goal - Let's get every Australian into the property market.

We believe the best way to do this is by providing you with the tools and information to make an informed decision about your home loan without the stress or hassle commonly associated with the process.

We strive to make your journey to home ownership an easy and enjoyable one, because it is an exciting journey, and we believe it is something to celebrate.

Nude Home Loans Pty Ltd
ACN 670 555 030 is credit representative number 554048 of Buyers Choice Licensing Pty Ltd ACN 626 172 281 (Australian Credit Licence No. 509484).

Nude Home Loans Pty Ltd
ACN 670 555 030 is credit representative number 554048 of Buyers Choice Licensing Pty Ltd ACN 626 172 281 (Australian Credit Licence No. 509484).

Nude Home Loans Pty Ltd
ACN 670 555 030 is credit representative number 554048 of Buyers Choice Licensing Pty Ltd ACN 626 172 281 (Australian Credit Licence No. 509484).