Kick renting to the curb: Buying or building your first home in today’s property market.

We all know how insane the housing market is at the moment. With house prices at all-time high, interest rates on the up, and most lenders requiring a 20% minimum deposit; purchasing a first home feels like an uphill, near impossible battle for a lot of buyers looking to get into the market.

Well, it may not be as impossible as first thought!

In addition to the to the First Home Owner Grant of up to $30,000, for first home buyers who build or buy newly built, the Government has rolled out The Family Home Guarantee scheme, that helps single parents buy, or build, a family home with a deposit as little as 2% - even if they’ve owned a home before! (T&Cs apply).

Where to from here?

Getting advice from a Financial Advisor or Finance Broker on how to plan your new home journey, including eligibility for current grants, is a great place to start.

This article does not provide financial advice. Consider all options available to you, seek professional guidance and only choose an option you are comfortable with.