What first-time investors worry about
- Buying the wrong property and being stuck with it
- Not understanding the numbers or the jargon
- Being sold something by someone paid by the seller
- Whether they can afford it if rates rise or the property is vacant
How we help
- 01Start with the plan
We work out what the first property needs to do, and whether a second is realistic later.
- 02Confirm borrowing
A licensed broker confirms your budget before the search.
- 03Explain every number
Purchase costs, holding costs, rent and risks, in plain English.
- 04Find and secure it
Assessed on 24 metrics, inspected and negotiated for you.
- 05Stay with you
We review the property with you every year after settlement.
Sometimes the right answer is to wait. If that is the case, we will tell you what to work on first. Try our Ready to invest? quiz for a quick check.
Common questions
How much do I need to start?
Lenders usually look for a deposit of 10 to 20% plus purchase costs. Many first investors use equity in their home. A broker can confirm your position.
Should my first property be a house or a unit?
It depends on your budget and plan. See our house vs unit comparison.
Can I buy an investment before my own home?
Yes, many people do. Talk to your accountant about the tax and first home buyer implications.
Related
General information only. It does not consider your objectives, financial situation or needs, and is not financial, credit, tax or legal advice. Rules change, so check current law and get advice from a licensed professional before acting.