Buying a home is a major milestone, especially if it's your first time. This guide will walk you through the key stages of the buying process, helping you avoid common pitfalls.

Before you start house hunting, it’s essential to know how much you can afford. Speak to a mortgage broker to understand your borrowing capacity and get pre-approval for your home loan. Don't forget to include additional costs like Stamp Duty, which can be significant.

Spend time researching different neighbourhoods, comparing prices, and understanding the market trends. Attend open homes and take note of the features that appeal to you. This will give you a clearer idea of what your budget can achieve.

If you're a first home buyer, you may be eligible for government grants and exemptions, such as the First Home BuyersGrant or Stamp Duty concessions. These can significantly reduce the upfront costs.

A conveyancer or solicitor is essential for handling the legal aspects of the property purchase. They will review the contract of sale, help with negotiations, and ensure all legal documents are in order.

Once you've found a property you love, it's critical to arrange a professional building inspection. This will help identify any potential issues that could affect the property's value or your decision to proceed.

After negotiating and agreeing on a price, you’ll need to formalize your offer with a signed contract. Your solicitor or conveyancer will guide you through the settlement process, ensuring that all conditions are met and that the property transfers smoothly into your name.

Whether you’re a seasoned investor or a first-time buyer, following these steps will help you navigate the complexities of the property market and secure your dream home.