Posted in First Home Buyers

Buying your first home is an unforgettable milestone, but for many first-home buyers, saving a deposit is often the biggest challenge. If you’re planning to enter the property market in 2026, having a clear savings plan can help you move toward your goal with confidence.Here are simple, practical budgeting steps to help you build your deposit.1) Set a clear savings goalStart by working out how much you need to save. Look at recent sales in the suburbs you’re interested in, then estim...

Buying a home is a big dream for many young Australians, but right now, it can feel out of reach. Rising living costs, soaring property prices, and slow wage growth have made saving for a deposit harder than ever.Research from Deloitte Access Economics paints a clear picture:Average home prices jumped 67% in the decade to 2023 (from $548,000 to $915,000).Average incomes for 21–34-year-olds grew just 20% in the same period.This gap means major life milestones like moving out or starting a fa...

Buying your first home is exciting—but it can also be overwhelming. With so much focus on finding the perfect property, many first-home buyers overlook one critical step: understanding your maximum repayment limits. This single decision can make or break your financial future.So, how do you make sure you’re buying smart and not paying more than you should? Here are four practical steps to help you approach the market with confidence.Step 1: Know your budget before you searchBefore you sta...

If you are considering making that next property purchase, we recommend you get a home loan pre-approval first.Not only does it save you time on your property search but also protects you from overspending at an auction.Follow these 3 easy steps to get your home loan pre-approval sorted today:1) Collect your documentsProof of identityProof of income and savingsProof of living expenses and other expenditureEvidence of current assets and liabilities
 2) Talk with us to find outHow much c...

Buying your first home is a huge milestone and thanks to the expanded Australian Government 5% Deposit Scheme, it’s now more achievable than ever.From 1 October, eligible first-home buyers can purchase a property with just a 5% deposit and no lenders’ mortgage insurance (LMI). That’s a big saving, and it’s expected that around 70,000 Australians will take advantage of the scheme in its first year.With fewer barriers to entry and significant savings on upfront costs, the 5% Deposit Sch...