For years, Australian property investors have weighed up one big question: Should I buy an established property or build new?
Buying your first home is an exciting milestone, but saving for a deposit and covering upfront costs can feel overwhelming.
Here's what you need to know before you start your building journey.
Buying your first home is a major milestone, but it's not just the purchase price you need to budget for. One of the biggest upfront costs can be transfer duty (commonly known as stamp duty).
Fortunately, the NSW Government offers the First Home Buyers Assistance Scheme (FHBAS), which can significantly reduce—or even eliminate—this cost for eligible first home buyers.
If you're planning to build or buy your first home in NSW, here's everything you need to know.
Buying a home has become increasingly challenging, particularly for first home buyers trying to save a deposit while managing rising living costs. That's where shared equity can provide another pathway into home ownership.
In NSW, approved shared equity schemes allow eligible home buyers to purchase a property with the financial support of an approved equity partner. Unlike a traditional loan, the equity partner contributes towards the purchase price in exchange for a share of the property's ownership, helping reduce the amount you need to borrow.
If you're exploring different ways to buy your first home, here's what you need to know.
Building your first home can feel overwhelming, but it can also be one of life's most rewarding experiences. Discover how one couple navigated land hunting, finance approvals, design decisions, and construction to create a home that perfectly reflects their future.
The weight of saving for a home deposit just got a little easier for eligible home buyers. The NSW Government in January 2023 launched the NSW Shared Equity Home Buyer, which means you could purchase a home with as little as a 2% deposit!
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