The Ultimate Home Loan Guide for First Home Buyers in Australia

Owning a house was once just a dream, but now it can become a reality with the right support. In Australia, the trend shows that people are more inclined towards owning a house instead of renting, especially after the COVID period. Recent studies indicate that loan repayments are now more affordable than rental costs. If you’re a potential buyer, there are a few things to keep in mind that can help make the process smoother:

Firstly, due to the recent hike in rates, sellers are willing to negotiate with buyers, and the market is experiencing less competition. This leads to a drop in property prices and longer periods for property to stay on the market. Secondly, buyers can benefit from government schemes that offer stamp duty concessions and lower deposit amounts. Single parents and first home buyers are eligible for such schemes.

We understand that applying for a home loan and navigating the various government schemes can be daunting, but we are here to help. At Bigger Cents, we provide expert guidance to help you find the right loan options and save money. Don’t let the process overwhelm you – let us assist you in turning your dream of owning a house into reality.