EP. 1333 THREE KICKBACKS EVERY FIRST HOME BUYER NEEDS TO KNOW

The PROPERTY DOCTORS, Sydney Australia Novak Properties

Unlock the secrets to making your first home purchase in Sydney a reality, as we promise insights that could save you thousands. Join our conversation with a special guest who has recently navigated the often-intimidating journey of buying a home for the first time. With the average age for first-time buyers in Sydney now at 36, knowing the ins and outs of government incentives is more crucial than ever. We'll unpack the hidden advantages, like zero stamp duty for homes under $800,000 and a $10,000 grant for new properties, which can significantly ease the financial burden. Plus, discover how the federal first home guarantee can have you owning a home with just a 5% deposit—no lenders mortgage insurance required.
The path to homeownership might seem like an uphill climb, but strategic planning is your best ally. We'll emphasize how setting your groundwork years in advance can turn what feels like a dream into an achievable goal. This episode is packed with practical steps—reach out to local real estate agents and learn from the shared experiences of other buyers. While the Sydney property market is undoubtedly challenging, with the right knowledge and resources, it's a journey you can navigate successfully. Whether you're just starting to think about buying a home or are deep in the trenches, our discussion promises to equip you with knowledge and strategies to make your dream of homeownership come true.

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1. First Home Buyer Hidden Kickbacks (00:00:00)

2. Navigating First Home Buyer Incentives (00:11:26)