Category: First Time Buyer

Stages of buying off the plan

The upside of buying an off-the-plan townhouse or apartment should be competitive pricing compared with similar properties already built. That’s the pay-off for committing to purchase a property based on scale model, artist impressions and a floor plan. And because its nature, the transaction process differs from buying an existing apartment or a house.  Typically,…
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Great news for Victorian first time buyers

A new first-home buyer fund has been established as part of the State Government’s efforts to get the economy moving again after the Covid lockdown. If you’re a first-home buyer right now, you will save thousands of dollars by navigating the bewildering number of offers that are available from the State and Federal governments. The…
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7 renovation tips for first time buyers

First-time buyers rarely find their dream home. When entering the market, it’s more common to focus on affordable properties but still keep a keen eye out for position, land size and potential. Most new owners are grateful to be finally in the real estate game, but that novelty eventually wears off, and then it’s common…
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8 reasons to shop for a mortgage before you go house-hunting

If you haven’t organised a loan pre-approval for your first home, then shopping for a house is like walking into a store without your credit card. When you find your ideal property, you won’t be able to move quickly because organising finances takes time. And that’s terrible news if other buyers are keen to seal…
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How buying off-the-plan really works

Buying property is always exciting and is often wonderfully life-changing. Off-the-plan apartments have become an increasingly popular way to enter the market, or move up the property ladder. It’s important to understand how purchasing off the plan differs from buying an existing property at auction for through private treaty. Off-the-plan buying gives you the opportunity…
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Seven tips for lining up your finances before a purchase

There are many tricks and tips to buying a property, but there’s one essential element that no one can avoid – getting your finances in great shape. Knowing what you can afford is a critical element of finding your first home or the next one that takes you higher up the property ladder. As an…
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Seven tips for buyers seeking their first property

With real estate prices strengthening, I’m often asked by first time buyers for advice on the best way to enter the market.Their anxiety to buy a first home is understandable. Aside from the obvious practical benefit of having somewhere to live, real estate is a great investment and can help set you up for life…
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Breaking down Queensland’s first homeowner bonuses

Two schemes designed to encourage property ownership have now made buying your first home in Queensland easier and more attractive. The State Government will provide $15,000 under its First Home Owners Grant to applicants who are planning to purchase a new property – one of the most generous schemes on the eastern seaboard. It can…
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Breaking down NSW first homeowner bonuses

Two state government schemes designed to encourage property ownership have now made buying your first home in NSW more attractive. The State Government will provide $10,000 under the First Home Owners Grant to applicants who are planning to purchase either a new property or one that has been substantially renovated. It has also eased the…
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Breaking down WA’s first homeowner bonuses

Two schemes designed to encourage property ownership make buying your first home in Western Australia more attractive. The State Government will provide $10,000 under its First Home Owner Grant and offer discounts on stamp duty. Back in mid-2017, the grant was $15,000 but was reduced as the West Australian property market recovered from falling mineral…
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