Posted in home buying

In today’s competitive property market, more first-home buyers are teaming up with friends or family to purchase property. Recent NAB research shows joint mortgages have surged by over 33% in just one year, with the biggest increases in Victoria, South Australia, and NSW.If you’re considering co-buying, FinancePath can help you assess whether this option suits your personal and financial circumstances and guide you through the process with expert advice.BOOK NOWPros of co-buying a home1) ...

BackgroundChris, a long-term FinancePath client of over 15 years, first approached us at age 28. At the time, Chris had a reasonably good-paying job early in his career but only $10,000 in savings. Renting in inner-city Melbourne and travelling overseas meant saving for a deposit felt impossible — especially 15 years ago when government support for first-home buyers was limited.“I realised that I probably needed to start to plan for the future.”The ChallengeThe biggest hurdle was raisin...

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...

If you're thinking about buying an investment property, one of the smartest moves you can make is choosing a suburb with strong potential for capital growth. That means the value of your property could increase over time helping you build wealth faster.We’ve helped hundreds of buyers identify high-growth suburbs and secure the right finance to invest with confidence. Reach out to the FinancePath team for personalised insights and support.BOOK NOWOf course, there’s no crystal ball to predic...

Australia’s property market continues to attract migrants seeking stability, investment opportunities, and a place to call home. However, for many new arrivals, navigating the home loan process can feel overwhelming. Whether you're on a skilled visa, humanitarian visa, or permanent residency pathway, understanding your options is key to making informed decisions.Looking to buy your first home in Australia?At FinancePath, we specialise in helping migrants navigate the home loan process with e...