Buying your first home is exciting, and a little preparation goes a long way. Before you start attending open homes across the Gold Coast and surrounds, it helps to have your numbers sorted.
Start with a clear picture of your deposit, your savings history, and your everyday expenses. Lenders want to see genuine savings and a stable income, so gather your recent payslips, bank statements, and any existing loan statements.
Queensland offers transfer duty concessions for eligible first home buyers. Homes valued under $700,000 may attract no transfer duty, with concessions phasing out up to $800,000. Use our Stamp Duty Calculator to estimate what may apply to your purchase.
Finally, get a borrowing power estimate before you make an offer. Knowing your realistic budget helps you negotiate with confidence and avoids disappointment when you find the right property.