There are many important decisions to make when buying your first home, from using grants, evaluating properties, down to dealing with financing issues. Without the right help, first home buyers could end up overpaying for a property or buying in less desirable locations, which can negatively impact both financial well-being and long-term satisfaction with the purchase.

In this episode, we pick up from Part 1 and dive deeper into the challenges faced by most first home buyers.

If the process of buying your first home seems challenging, this episode is for you. Tune in for clear, actionable advice that will help you feel more confident and prepared. Join us, bring your questions, and take a big step towards making your dream home a reality.

Episode Highlights:

00:00 - Introduction

02:26 - Are there restrictions on using first home grants for investment purposes?

05:26 - Factors to consider when buying in a complex with many units

08:51 - What are the expected growth rates for apartments compared to houses?

11:53 - Is a 3 by 3.14 metre bedroom size considered acceptable for resale?

14:18 - What steps can be taken if a bank's property valuation is less than your offer?

19:40 - Is it advisable to buy a house on a battleaxe block along a main highway?

24:13 - Are there unique investment opportunities in unit-dense suburbs?

Resources mentioned in this episode:

• Your First Home Buyer Guide Podcast Episode #171: How Can We Help? Real Estate Solutions from Campfire Questions - Part 1 https://homebuyeracademy.com.au/podcasts/171

Resources:

• FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse
• Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers
• Visit our website https://www.homebuyeracademy.com.au/
• Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG
• If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
• Work with Meighan: https://www.linkedin.com/in/meighanwells/

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

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