First Home Buyers Perth Compare Home Loan Options

See if there’s any other upfront costs, fees or concessions applicable to you by using our SA stamp duty calculator. Most states and territories in Australia have a First Home Owner Grant (FHOG) program, which provides a one-off, tax-free cash grant for eligible first-home buyers to purchase a new home. In return, the government holds an equivalent equity stake in the property. Buyers can choose to repay the government’s share over time or when the property is sold, at which point the government receives its proportional share of the property’s value, including any capital gains or losses. The Home Guarantee Scheme (HGS) is an Australia-wide government initiative that supports eligible home buyers to buy a property with a deposit as little as 2-5%.
Decide whether you want to buy an established home or work with home builders to create a custom home. Consider your lifestyle needs, budget, and the location’s potential for growth, especially within the Perth metropolitan area. A knowledgeable first home buyer broker can help ensure your loan is structured correctly for your long-term plans. With years of experience and in-depth knowledge of the Perth property FIFO Home Loans Perth market, our settlement agents will work closely with you to tailor a settlement process that meets your specific needs and requirements.

The government isn’t handing over cash — it’s providing the guarantee that lets lenders approve a high-LVR loan without the insurance premium attached. Purchasers will receive a grant of up to $3,000 for stamp duty and settlement fees. Should these costs be less than $3,000, they will be fully paid for by Housing and Works and if they are more, the purchaser will only pay the amount over $3,000.
Sydney’s auction clearance rate hit a new low of 31.1 per cent in the week to May 17, the lowest since peak Covid times in 2021. Data released by property tracker Cotality recorded price changes in the month to May, with Sydney and Melbourne dropping 0.5 per cent. Mr Christopher in March made waves when he re-forecast his 2026 property outlook to expect falls in Sydney (6 per cent) and Melbourne (4 per cent) due to the war in Iran.
A property will only be sold if it has its own title at the time of application, or a subdivision is possible and funding is available to subdivide parent titles. Purchasers will receive a discount for certain approved capital improvements they have made to the property. Family members can assist with the purchase regardless of whether they own their property or not.

Government support for first home buyers has expanded significantly over the last few years. This guide is a current, plain-English map of what you can actually claim and how the pieces fit together. Yes, first home buyers in Western Australia may be eligible for stamp duty concessions or exemptions. The Western Australian government provides various measures to support first home buyers in reducing the cost of stamp duty. Eligible first home buyers may qualify for the First Home Owner Rate of Duty, which offers a reduced rate or complete exemption from paying stamp duty on their first property purchase.
Suburbs such as Alkimos, Eglinton, Golden Bay, Dayton, Sinagra and Two Rocks continue seeing strong demand from buyers wanting modern communities with long-term potential. Mr Algar said he was not surprised many single income earners would still be priced out of the market at the top end of the scale. But he warned there are penalties for those who do that, and first home buyers needed to be across the detail of the scheme.

This includes the preparation and lodgement of all relevant documentation, as well as arranging for the transfer of  funds between the parties and stakeholders involved. They will also liaise with other professionals involved in the sale or purchase, such as your real estate agent, mortgage broker, and lender. Of course, no matter how many times you forecast property prices, it will always be difficult to predict exactly where property markets and prices will be in three months' time, let alone 6-7 years into the future. Meanwhile, many first-home buyers who borrowed to their full capacity will have difficulty keeping up with their mortgage payments at the time of rising interest rates or when their fixed-rate loans convert to variable rates.
Their genuine care for their clients also makes them stand-out service providers. The company’s overarching theme is to lead its clients to a better financial place than before engaging with the business. We’ve checked all the best ones in the area and put the top ten ones in our list below. For first home buyers, success in today’s market is not just about finding the right property.
We understand that every individual’s financial situation is unique. We take the time to understand your goals and tailor financial solutions that align with your needs and aspirations. Single parents can buy with just 2% deposit under this government-backed scheme. Your broker explains all WA first-home buyer incentives, including eligibility and how they affect borrowing power.

In Sydney, there was only 1.9 people per open home, compared to 2.2 last week and 3.5 last year. Open home attendance fell to 2.1 attendees per property, down from 2.5 last week and below 3.4 at the same time last year. Nerida Conisbee, chief economist at real estate giant Ray White, said an analysis of about 12,000 open homes in the week to May 16 showed a national drop in attendance.
We made this infographic to show you how property prices in Australia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. Perth property prices increased by approximately 15% to 18% over the past 12 months, making it one of the strongest-performing capital city markets in Australia during this period. Perth property prices have risen faster than any other Australian capital city over the past five years, and the market remains tight heading into 2026. In other words, there will be little impetus for capital growth at the lower end of the property market.

When you choose us as your Perth home builder, you'll love our all-inclusive range, with $80,000 worth of bonus inclusions in our Luxury Range and $60,000 worth of bonus inclusions in our Designer Range. But that is only available to first home buyers who earn less than $125,000 a year for singles or $200,000 a year combined for couples and its places are limited. The Coalition plans to introduce legislation for the scheme within 100 days of being in government, if they win the coming election. This is one of the questions in Vote Compass, which can help you understand your place in the political landscape.
Once we collect some basic information from you, we will make contact with you to better understand your financial situation, the type of loan you need, and the loan options you may qualify for. The First Home Super Saver scheme can be used by first home buyers to save money within their superannuation fund to assist in purchasing their first home. The FHSS can be used to purchase both new and existing homes within Australia. Orange finance is based in Perth, Western Australia, but with our fully digital application process, we can comfortable help first home buyers around Australia. So if you are looking for some first home buyers finance, please make contact via the form below.