Looking to buy your first home sydney? You're not alone. The Sydney property market is notoriously difficult to break into, but that doesn't mean it's impossible. With careful planning and a bit of luck, you can find your dream home in one of the world's most vibrant cities.
Here are a few tips to help you get started on your journey:
1. Do your research
The first step to buying any property is doing your research. Familiarise yourself with the different suburbs of Sydney and what each has to offer. Once you've narrowed down your options, start attending open homes and doing as much reading as you can about the process of buying a house for the first time.
2. Get pre-approved for a loan
Before you start looking at properties, it's important to get pre-approval for a loan. This will give you an idea of how much money you can borrow and will make the whole process much easier once you find a property you want to purchase.
3. Save, save, save!
One of the biggest obstacles to buying a property in Sydney is coming up with the deposit. In most cases, you'll need to save at least 10%