First Home Buyer
Tips and tricks for first-home buyers
Posted February 04, 2021
Saving for a first home can be a daunting prospect. Here's how you can get a head start.
If you’re considering buying your first house, the good news is that there are record low interest rates and unprecedented government incentives to help you on your way. The bad news is those same factors are encouraging a rush of other first-home buyers into the property market, pushing property prices higher – despite a global pandemic.
According to property data firm CoreLogic, it now takes the average Australian more than nine years to save for a deposit on a home. But property commentator Nicole Haddow, author of Smashed Avocado: How I cracked the property market and you can too, says it is possible to turn your property dream into reality with a bit of discipline and creativity.
Here Nicole shares her top tips for getting a toehold in the property market.