Buying your first home is one of the biggest moves you'll ever make, and in 2025, it's still one of the smartest ways to build security, stability and long-term wealth.
But let's be real: between rising prices, changing lending rules and the maze of government schemes, it can feel like there's a lot stacked against first-home buyers right now.
So, getting the right advice, support, and plan has never been more crucial. Here's our guide packed with first home buyer tips for Aussie’s looking to buy in 2025 to help you confidently kickstart your property journey.
This guide has been developed with the input of Aussie’s award-winning brokers and buyer’s agents, who support thousands of first home buyers annually.
Whether you're a renter ready to make the leap, a young couple setting up your future, or a family looking for your first backyard, this first home buyers guide will direct you on the right path.
1. Know your budget and borrowing power
Getting real about your budget is vital before you start scrolling through property listings. Today's market is moving fast, and clearly understanding what you can borrow (and repay comfortably) gives you the edge. But how can you do that?
Use our Borrowing Power Calculator to get a realistic estimate.
Chat with an Aussie Broker early. We'll help you understand your options across 25+ lenders, not just your bank.
Factor in upfront costs like stamp duty, conveyancing, building and pest inspections, and insurance.
Being realistic now can save you stress (and serious cash) in the future.
2. Take advantage of first home buyer schemes
First home buyer government schemes can seriously boost your buying power, but it's easy to miss out if you don't know what's available. In 2025, options include:
First Home Guarantee (5% deposit, no LMI)
Help to Buy Scheme (shared equity with the Government)
State-based first home buyer grants and stamp duty concessions
However, you must remember this: not every scheme suits every buyer. An Aussie Broker can help you navigate the fine print and determine what's right for your situation.
3. Get pre-approval before you house-hunt
Pre-approval is your golden ticket in today's market. It shows sellers you're serious, helps you move faster on the right property, and gives you a clear ceiling when bidding.
At Aussie, we help you arrange everything so that you're ready to pounce when your dream home comes along.
4. Choose the right property for your goals
In 2025, more buyers are casting a wider net, and it's paying off.
Regional towns, outer suburbs, and fast-growing lifestyle hubs deliver better value for money, stronger capital growth, and smaller blocks for less. Our Aussie Property Experience can help you:
Track suburb growth trends
Compare property prices
Access free property reports
Stay flexible. A great suburb today might not have been on your radar last year, so insight matters.
5. Be aware of extra costs beyond the deposit
Saving a deposit is a huge milestone, but it's not the only cost to plan for. Here's what else first-home buyers often need to budget for:
Stamp duty (unless you qualify for an exemption)
Legal and conveyancing fees
Building and pest inspections
Mortgage application and settlement fees
Moving costs and immediate repairs
Once you buy, use your property's live equity. With the Aussie App, you can track your home's value and equity in real-time, giving you options for upgrades or refinancing later.
Common mistakes first home buyers should avoid
Even savvy buyers can slip up. Watch out for these traps:
Overstretching your budget: Stick to repayments you can comfortably afford today, not on a "best case" future scenario.
Skipping inspections: That "dream" home could have hidden issues. Always do your due diligence.
Getting caught in emotional bidding wars: Set your walk-away price before auction day and stick to it.
Forgetting future needs: Think about how long you'll live there. Will it still work if your job changes or your family grows?
FAQs: What first home buyers need to know
Ready to take the first step?
Buying your first home is one of life's biggest moves, and Aussie is here to ensure you do it right. With expert brokers, local property insights, flexible service and a proud track record, we're ready when you are. Get in touch with an Aussie Broker today, and let's unlock your path to home ownership.
