Buying your own home has always been considered “the great Australian dream”. It stands to reason that saving for a house deposit is one of the most common goals our clients have.
There is no doubt that it’s getting harder to buy a house with the average deposit needed being well over $200,000 in Sydney and Melbourne. The amount required also very high in most other capital cities.
If you’re going to chase your property dream it’s important to do your homework up-front and be mentally prepared for the road ahead. Here are a few questions I found myself asking when deciding whether to buy.