Harlow’s Guide to Buying Your First Home

The property market can be a tricky place to navigate for first home buyers seeking the perfect place to call their own. If you’re feeling a little lost, we’ve got your back! Here are some of our top tips to help begin your home buying journey.

Harlow’s Guide to Buying Your First Home

Determining Your Budget

Before diving into the world of home buying, it’s crucial to establish your budget. Knowing how much you can comfortably spend on a block of land is the foundation of your journey. Keep in mind that there are additional costs to consider, such as stamp duty, legal fees, and building expenses.

Additionally, as a first home buyer, you might be eligible for the Victorian Government’s First Home Owner Grant. This $10,000 grant makes it easier for you to get into the property market and start benefiting from land and property value growth.

For a clearer picture of your financial options, we recommend connecting with a knowledgeable financial advisor or a mortgage broker who can provide expert insights tailored to your situation.

If you have already contacted a broker, that’s great! If not, we recommend Mortgage Domayne – RPM’s trusted partner of choice who are renowned for their tailored solutions and great rates.

Researching Your Future Address

Once you’ve outlined your budget, it’s time to delve into researching the suburb that piques your interest. Take the opportunity to explore the location and the current and future amenities it offers. Keep an eye out for any estate-specific regulations or limitations that may apply to your property plans.

To truly understand the environment you’re considering, we encourage you to visit the area in person. Wander through the neighbourhood, experience the local amenities first hand, and engage with the residents to get a genuine feel for the community and what life there would be like.

At Harlow Tarneit, you’re in for a treat. Tarneit is among Melbourne’s rapidly growing locales, boasting existing amenities and infrastructure, with exciting developments still on the horizon.

Choosing Your Block

As you search for the perfect block of land, keep your needs and lifestyle preferences in mind. Consider factors such as size, orientation, shape, fill, and fall – these elements will influence the design and layout of your dream home.

At Harlow, we’re committed to offering you a variety of land options that align with your vision of the ideal homesite. We understand that your dream home deserves the perfect foundation.

Understanding Design Guidelines

Last but certainly not least, familiarise yourself with any design guidelines that apply to your chosen estate. These guidelines contribute to the aesthetics and upkeep of the community, ensuring a visually appealing and well-maintained environment for all residents.

Expect these guidelines to encompass areas like building materials, colour palettes, fencing styles, and landscaping preferences. Thoroughly comprehending these guidelines is essential for crafting your property plans accordingly.

It’s likely you still have a few more questions before you buy – after all, it’s one of the biggest decisions of your life.

To get the answers you’re looking for or to learn more about what Harlow has to offer, reach out to our Estate Manager Aiden on 0419 174 696 today. We’re here to help you on your journey!