How ready are you?
Evaluate your path to home ownership in the Victorian market, from your savings goals to understanding government grants. Fifteen questions across five areas. Answer honestly, there are no right or wrong answers.
Which of these sounds like you?
Pick your situation and the questions change to match it.
Financial Health
0 of 3How much of a deposit have you currently saved for your first purchase?
Do you have a pre-approval from a lender or mortgage broker?
Are you aware of additional costs like legal fees and building inspections?
Grants and Schemes
0 of 3How familiar are you with the First Home Owner Grant in Victoria?
Do you understand the stamp duty concessions available for first buyers?
Are you considering the First Home Guarantee for a lower deposit?
Market Knowledge
0 of 3How often do you monitor property prices in your target suburbs?
Do you know the difference between private sales and auctions?
Have you identified the specific property types that fit your budget?
Buying Process
0 of 3Do you have a conveyancer or solicitor ready to review contracts?
Are you ready to perform due diligence before making an offer?
Do you understand Section 32 statements in Victoria?
Future Planning
0 of 3How long do you plan to live in your first home?
Have you considered how interest rate rises might affect you?
Is your chosen location likely to experience capital growth?