First-Home Buyer Advice, News and Guides

Rapidly rising property prices have reduced the number of homes eligible for the First Home Loan Deposit Scheme, which is set to be expanded in this year's federal budget.

The government will go guarantor on more loans for first-home buyers and single parents, and will let buyers save more through their superannuation. But who is being left behind?

Allhomes understands the sale surpassed the previous record by more than six figures.

A dozen parties registered to bid, sending the price $425,000 higher than the sellers hoped and showing the depth of the pool of buyers willing to pay up to be in the inner city.

For a novice, an auction can be a stomach-churning experience and if the tension and uncertainty don't overwhelm, then rapidly rising prices will. But these buyers explain how they did it, despite the odds.

As first home buyers are priced out of many parts of Sydney, many are turning to this trendy inner-west suburb and glad they made the move.

First-home buyers are facing sharply rising property prices, painfully limited affordable stock and record competition, but there's still ways to get into the market.

Unlike investing in shares, buying a home involves a high level of emotional involvement that can cause FOMOA – the Fear Of Missing Out Again.

The grant scheme offers first-home buyers a way into the market, but it's set to expire at the end of June, right in the middle of record property price rises in Melbourne and regional Victoria.

With buyers bidding with more money than ever, having extra cash to spend could mean the difference between securing your dream property or missing out.