​

#2. Government grants available in your state

First home buyers in most states and territories are eligible for grants and stamp duty exemptions.

Most grants are linked to buying new or building. Stamp duty exemptions are state based and may either apply for first home...

​

#1. What are the costs of purchasing

When you buy property you need to put down a deposit (skin in the game) and cover the purchase costs, the main being:

Stamp duty

The strategy tax on transferring property

Typical Cost: between 2% and 5% of the purchase price

Legal repre...

​

#4. The 4 factors to setting your budget.

​

Know these before you do anything else:

1. Borrowing capacity

Find out which lender is willing to offer you what so that you can set your budget. This number can vary between lenders by as much a 20%.

Borrowing at your absolutely...

#3. What comes first: Find a property or finance approval?

​

Mortgage lending has changed dramatically over 2018. Even customers who would once be seen as ‘vanilla’ are being knocked back by certain lenders.

Speaking to a mortgage professional first is crucial.

It cou...

#2. How does Australia compare with other countries

Mortgages in Australia are full recourse. This means if you default and the bank sells your property to recover the loan amount -if there is still a shortfall the lender has rights to additional assets beyond the secur...

#1. Is now the right time to buy?

Property makes up 60% of the entire wealth for for middle and high wealth Australians.

​

Property is now 60X more valuable now than in 1970 and there are signs that the trend will stop given the shortage of land and growing population.

​

Si...

If you read this guide you'll know more about buying a first home than 99% of Australians, be able to go toe-to-toe with sales agents and be confident you're on the right path to getting a great home loan deal that suits your unique set of circumstances.​

How to navigat...

People always ask for the largest lot available, but is a large lot necessarily the best choice for you?

Here are 5 tips to consider when buying land:

1) Desired lifestyle

Choose a block that matches your families future needs as this is where you are about to build your...