Keegan Lake- 5 Property Mistakes Most Buyers Make (And How to Avoid Them)
Are you at risk of making an expensive property mistake? In this in-depth conversation, we sit down with Keegan Lake, a Cairns-based real estate sales expert with 8 years of industry experience and lifelong local knowledge, to break down the 5 biggest mistakes buyers make when purchasing property and how to avoid them.
Whether you’re buying your first home, investing interstate, or researching regional property markets across Australia, this episode goes beyond surface-level advice. We unpack the real reasons buyers overpay, miss opportunities, or unknowingly take on risk — especially in nuanced markets like Cairns, where street-by-street differences matter more than most people realise.
This is a practical, honest discussion grounded in real transactions, real buyer behaviour, and lessons learned from years on the ground, not just what the data says in hindsight.
🔑 Key Topics Covered
00:00 – Introduction: Meet Keegan Lake (Cairns Local Expert)
00:28 – Mistake #1: Buying the Suburb, Not the Street
03:18 – Mistake #2: Misunderstanding Risk (Cyclones & Flooding)
04:57 – The Insurance Trap Most Buyers Miss
07:38 – Mistake #3: Data vs Local Knowledge: Where Growth Really Comes From
14:29 – Mistake #4: Letting Emotion Drive the Purchase
20:28 – Mistake #5: Analysis Paralysis & The Cost of Waiting
24:27 – Market Insights & Advice Keegan would give to his younger self
🤔 Who Is This Episode For?
This conversation is especially valuable if you are:
• Buying property interstate or remotely
• Investing in regional Australian markets
• Unsure how to assess risk beyond headlines
• Stuck waiting for the “right time”
• Confused by conflicting data and opinions
While we use Cairns real estate as a case study, the principles discussed apply to property markets across Australia.
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📚 Disclaimer
This video is for educational purposes only and does not constitute financial or investment advice. Always conduct your own due diligence and seek guidance from qualified financial, legal, and real estate professionals.
Want help buying property in Cairns or navigating a complex regional market? Get in touch with the team at The Buyers Co today. 👉CONTACT US
