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The first and most important step when setting out to buy your first home is getting a home loan pre-approval or getting an indication of your borrowing capacity from a Mortgage Broker or your bank. This will enable you to focus your research on suburbs you can afford to purchase in.

When buying your first home there is much you need to consider and research to ensure you buy your first property without too many hiccups. Below are key research areas and some suggestions on how you can go about conducting the research.

What to look for in a property listed for sale that you like

  • Use checklists and list features important to you (look out for these in our future emails!)
  • Use building and pest inspectors to check behind the walls in properties you are considering buying to ensure there are no structural problems, or pests such as white-ants.
  • If you are purchasing a unit / apartment ask about strata fees.
  • Speak to a Mortgage Broker about your borrowing capacity to ensure you are buying and search for a property within your means
  • If you are building your own home, check out the history and experience of your preferred builders to see if they can meet your desired delivery outcome (speed & quality of construction).

How can FHBA help you with this:

First Home Buyers Australia - FHBA

Compare first home buyer loans right here!

We have all the major banks + many smaller lenders (over 40 of them) to choose from!