Buying your first home
" />
With everything you need to consider – from determining how much you can afford, to saving a deposit to choosing the right home – it can seem like you’re riding a rollercoaster! Here are some handy tips to help you on the path of becoming a home owner.
First home buyers Ashley and Dylan bought an affordable home through HomeSeeker SA at Woodville Gardens and should move in before the end of 2024.
“We had been looking sporadically at the real estate websites to monitor the market, and then one of the agents alerted us to an advertisement for a $5,000 deposit property build, so we looked further into it and jumped on the HomeSeeker SA website to see if we were eligible,” says Ashley.
33-year-old first home buyer Michael did his research before buying his new affordable home through HomeSeeker SA.
Michael – who works in the health care sector - says he spent many hours on real estate websites and the HomeSeeker SA website researching what houses and land were available.
28-year-old first home buyer Stephanie had finance at the forefront of her mind when she bought an affordable home through HomeSeeker SA.
Stephanie moved into her new affordable home at Woodville West in early 2024, and she says it’s a great place in a nice community.
“It’s perfect for me. It’s modern, there isn’t too much to worry about in terms of cleaning and maintenance, and it has plenty of storage room,” says Stephanie.
36-year-old first home buyer Tessa says despite her experience working in the real estate industry, she still needed to do her research – especially about finance – when buying her affordable home through HomeSeeker SA.
Tessa’s new home is under construction at Oaklands Park and should be ready to move into before Christmas 2024. She organised her finance to buy her new affordable home through HomeStart.
45-year-old Amanda and her partner were having trouble finding a home they could afford and organising finance until they discovered the HomeSeeker SA website.
First home buyers Amanda and Rashan’s new affordable home at Woodville Gardens is under construction and should be ready before March 2025. Amanda has been regularly visiting the building site to track its progress and take photos.
She says several things were causing them some trouble when they first started looking for a home.
Rights and protections when home building
" />
You need to understand your rights and the steps you should take when you take on such a significant investment.
In a nutshell:
- If you are building a home, ensure you are covered by building indemnity insurance, which is mandatory for any construction project valued at more than $12,000 and insures you for up to $150,000 if your builder becomes insolvent, dies or disappears during construction or the warranty period.
- Check your builder is licensed and has the appropriate insurance certificates.
Hannah in found her first home in Broadview after finding out about HomeSeeker SA on the internet.
"I purchased my property in November 2020, after my mum found it advertised online." Hannah said.
"At first I was a bit sceptical, as I never considered an affordable home before. However, after my first viewing I was really impressed with the quality and modern finishes. It stacked up to a lot of other properties on the market, and was brand new."
"I found the settlement process fairly straightforward and quick."
Natansh recently bought his beautiful new home in Dover Gardens, which was available through the HomeSeeker SA website.
