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
➼ FREE MINI COURSE: How to price property like a professional
➼ Meet our recommended mortgage brokers at Home Buyer Academy
➼ Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers

➼ Looking for a Sydney Buyers Agent?

➼ Work with Veronica:

➼ Looking for a Brisbane Buyers Agent?
➼ If you have any questions or would like to be featured on our show, contact us at: [email protected]
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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How ready are you to buy your first home?

Veronica Morgan & Meighan Wells 

Veronica & Meighan are both licensed real estate agents who exclusively help buyers. Together they have nearly 40 years experience as property professionals.

Veronica is principal of Sydney based Good Deeds Property Buyers and is also co-host of The Elephant in the Room property podcast as well as Location Location Location Australia on Foxtel and author of Auction Ready: how to buy property at auction even though you're scared s#!tless!

Meighan is the multi award winning principal of Brisbane based Property Pursuit, chairperson of the REIQ Buyers Agent Chapter & a regular media commentator.

We are here to guide you through your home buying journey

How ready are you to buy your first home?