If you’ve been dreaming about owning your first home, there’s never been a better time to make it happen. From 1 October 2025, massive changes to the First Home Owner Guarantee are making it easier than ever for Australians to enter the property market—without the usual hurdles.
No more restrictions on how many buyers can apply
Price caps have increased – you can now buy a home in Sydney for up to $1.5 million
No income limits – more Australians are now eligible
Buy your home with just a 5% deposit – and no Lenders Mortgage Insurance (LMI)
Haven’t owned property in 10 years? You’re eligible again
At Domaine Homes, we’re here to help first home buyers take full advantage of these updates with our affordable house and land packages across Sydney, the Central Coast, Newcastle, and the Hunter region.
Whether you're looking for a stylish new build in a masterplanned community or a family-friendly neighbourhood close to schools, parks and transport, we’ve got the perfect option for you.
At Domaine Homes, we believe building your new home should be easy, faster, and smarter and we’ve designed our process to make it that way.
Our expert interior designers have already curated beautiful colour schemes and finishes, so you don’t have to spend hours choosing every little detail. Every home design, plan, and add-on has been thoughtfully created to suit modern living meaning all the hard work is already done for you.
With Domaine Homes, you can enjoy a smoother, simpler, and more enjoyable journey to your dream home. It’s building made easy.
With a realistic budget in mind, you’re ready to begin your property search. The best way to set a budget is to look long and hard at your finances. This includes both the outlay involved in buying a property and the ongoing costs of owning a home.
Remember, there are upfront costs beyond just the deposit, and they can add up. These may include:
Using online calculators can help you estimate how much you can borrow and what your stamp duty might be, giving you a better idea of the overall costs.
After buying your home, it's essential to think carefully about your finances. You'll need to be able to cover ongoing expenses such as:
It's also a good idea to set aside a little extra for any unexpected repairs or replacements.
Researching different types of loans is important. You should compare interest rates, whether fixed or variable, loan terms, features, and any associated fees. Some lenders also offer specialised products like deposit boost loans that can be combined with your main mortgage.
Getting pre-approval is a valuable step in buying a home. It’s a preliminary assessment where a lender reviews your financial situation and tells you how much they’re willing to lend. This can be really helpful when you're at auctions or negotiating with real estate agents.
To start the pre-approval process, you need to fill out a form and provide detailed financial information. The lender will then assess this information to determine if you’re eligible. If approved, you'll receive a letter of offer that outlines the terms and conditions of the loan.
It's simple, provide us with your details and download your free First Home Buyer Grant Pack, which also includes our handy easy Saver Guide.
New home buyers should first evaluate their financial situation, decide on a budget, save for a deposit, research the property market and get a mortgage pre-approval before going out into the market. They are also advised to meet with a financial advisor or a mortgage broker to provide guidance about their next steps in home buying. You should also attend a few open houses and property inspections as these will give you a clearer perspective of the market and building conditions.