Posted in First Home Buyers

Buying a home is one of the biggest decisions you'll make—and one of the first questions you'll face is: should you go for a brand-new build or choose an established property? Each option has its own pros and cons, and the right choice depends on your lifestyle, goals, and budget.To better understand the key differences, chat with us today, we’ll help you make a confident choice.BOOK NOWRecent research from the Housing Industry Association (HIA) shows that interest in new homes is on the ri...

If you're new to buying property, understanding your credit report is a crucial step in preparing for your home loan application. Think of it as your financial report card, it reflects how you manage debt and financial commitments, and lenders use it to assess your creditworthiness.Curious about your score?Reach out to us at FinancePath! We can check it for you and help you understand what it means for your borrowing potential.BOOK NOWWhat is a credit report?Your credit report is a d...

With interest rates on the way down, it's a fantastic time to think about jumping into the property market. But while buying your first home is super exciting, it can also be a bit of a minefield if you're not prepared.At FinancePath, we get it. Your first property, whether it's a cozy place to live or a smart investment, should help you build a stronger financial future. To help you out, we've put together a list of five common mistakes first-time buyers make and how you can steer clear of them....

If you’ve been struggling to break into the property market, recent changes to the First Home Guarantee Scheme could be the breakthrough you’ve been waiting for.What’s new?The First Home Guarantee Scheme has undergone significant changes in 2025, especially in Melbourne:Price cap increased from $800,000 to $950,000
 Income limits removed, making more buyers eligible
 5% deposit scheme proposed, reducing upfront costs
 Melbourne market opportunityLet’s say you were...

If you’ve been waiting for the right time to restructure your loan or enter the property market, the Reserve Bank of Australia (RBA) may have just handed you the perfect opportunity.What’s changed?Over the past six months, the RBA has reduced the cash rate three times by 0.25%—a total drop of 0.75%. These cuts have a direct impact on your borrowing capacity and monthly repayments.Borrowing power boost
This means you could now afford a property priced $93,750–$187,500 higher than befo...