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* close to shopping centres |
* close to shopping centres |
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* close to schools |
* close to schools |
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* get the worst house in the best street |
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The area |
The area |
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* research suburb growth |
* research suburb growth |
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* |
* buy close to where home big improvement stores are built |
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* buy at or under the median price |
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Finances |
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Your finances |
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* keep track of all your finances |
* keep track of all your finances |
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* save 10% of what you earn |
* save 10% of what you earn to build up a deposit |
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* live within your means |
* live within your means |
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* consider renting our rooms for your first purchase |
Latest revision as of 22:38, 28 August 2022
Here are some tips that I found useful to bring me in a position to buy my first home.
The property
- look for a property with as much land as possible
- get a freestanding house, or a duplex, or a townhouse, or an appartement. In that order.
- flat block of land
- close to public transport
- close to shopping centres
- close to schools
- get the worst house in the best street
The area
- research suburb growth
- buy close to where home big improvement stores are built
- buy at or under the median price
Personal development
- have a can-do attitude
- believe you will succeed
- get organised
- listen to relevant podcasts
Finances
- keep track of all your finances
- save 10% of what you earn to build up a deposit
- live within your means
- consider renting our rooms for your first purchase