The advice for today’s home buyers is simple: be patient and focus on building the biggest deposit possible. While the government’s 5% deposit scheme helps people enter the market sooner, taking on too much debt too early can create financial pressure later in life.
A larger deposit and a more modest property purchase mean lower debt, better cash flow, and more flexibility for your future - especially when starting a family. Instead of being forced back to full-time work because of financial stress, having less debt gives you more choice and freedom.
Property prices may continue rising, but the days of homes doubling in value every 10 years are likely behind us. The key message is to avoid overextending yourself, stay patient and buy within your means.
General Advice Only
Robert Goudie is an Authorised Representative (No. 235974) of Consortium Private Wealth Pty (AFS Licence 495401)
#FirstHomeBuyer #HomeBuyingTips #BuildYourDeposit #SmartMoneyMoves #BuyWithinYourMeans
A larger deposit and a more modest property purchase mean lower debt, better cash flow, and more flexibility for your future - especially when starting a family. Instead of being forced back to full-time work because of financial stress, having less debt gives you more choice and freedom.
Property prices may continue rising, but the days of homes doubling in value every 10 years are likely behind us. The key message is to avoid overextending yourself, stay patient and buy within your means.
General Advice Only
Robert Goudie is an Authorised Representative (No. 235974) of Consortium Private Wealth Pty (AFS Licence 495401)
#FirstHomeBuyer #HomeBuyingTips #BuildYourDeposit #SmartMoneyMoves #BuyWithinYourMeans
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