Tips for Buying in 2025

The future of the property market is packed with opportunities and challenges. We are hopeful there will be an interest rate drop and that the overall cost of living will stabilise. At Resi Ventures, we’re optimistic and here for those trying to navigate the landscape. Resi Ventures specialises in creating modern, affordable communities designed for lifestyle convenience, and we’re here to help you every step of the way.

Thinking about buying your first home or investment property in 2025? Here’s our guide to getting started.

1. Get Your Money in Check

Your finances are the foundation of your property journey. Start strong:

• Boost your Credit Score: A good credit score can secure better loan rates. Pay off debts and stay on top of bills – that may mean saying goodbye to Afterpay!
• Save Smarter, Not Harder: High-interest savings accounts or term deposits can grow your deposit faster. Automating your savings can help you stay consistent.
• Know Your Limits: Use online tools or speak to a mortgage broker to understand what you can realistically afford – before you start searching or overstretching yourself.

2. Make the Most of Government Schemes

There’s a lot of help out there for first-time buyers—make sure you’re taking advantage:

• First Homeowner Grants: These can reduce your upfront costs.
• Stamp Duty Discounts: Many states waive or reduce this cost for eligible buyers under certain thresholds.
• Shared Equity Programs: Explore options where the government or an organisation co-owns a share of the property with you.

3. Choose the Right Location

We all know it: location is key. Think long-term when deciding where to buy… (and yes, at Resi Ventures, we only create communities in these up-and-coming areas that have great amenity and growth):

• Emerging Suburbs: Look for areas with planned infrastructure projects, good schools, and transport links—they often offer more growth potential.
• Lifestyle Considerations: Parks, cafés, and community vibes are important for both enjoyment and future resale value.
• Remote Work Potential: If working from home is part of your plan, prioritise homes with dedicated office space or access to coworking hubs.

4. Get Creative with Buying Strategies

Traditional homeownership isn’t the only way to get a foot in the door:

• Co-Buying: Pool resources with friends or family (just make sure you have clear agreements in place).
• Rentvesting: Buy in a more affordable area to rent out while living where you want.
• Off-the-Plan Purchases: These often require a smaller deposit, or house and land packages allow you to make progressive payments, which helps ease the hip pocket.

5. Use Tech to Stay Ahead

Leverage digital tools to make your search easier:

• Real Estate Apps: Set alerts for properties that fit your budget and wish list.
• Virtual Tours: Save time by exploring homes online before visiting in person.
• AI Assistance: Some platforms use AI to help identify great deals and future trends.

6. Plan for the Future

Your first property is a big investment—think long-term:

• Sustainable Features: Energy-efficient homes save on bills and appeal to future buyers.
• Flexible Layouts: Spaces that adapt to your life changes—like a study that can become a nursery—are a smart investment.
• Resale Value: Research local market trends to ensure your property holds or grows in value over time.

7. Get Expert Help

Navigating the property market can be tricky, but you don’t have to go it alone:

• Mortgage Brokers: They’ll help you find the best loan options.
• Conveyancers: These experts handle all the legal nitty-gritty.
• Buyers Agents: Overwhelmed by the market? A buyer’s agent can find and negotiate the perfect property for you.

Let Resi Ventures Guide You

At Resi Ventures, we understand the unique needs of younger buyers. Our communities are designed to offer affordability, lifestyle, and long-term value. Whether you’re exploring your options, navigating government grants, or looking for a home that fits your lifestyle, we’re here to help.

Ready to take the first step? Explore Resi Ventures’ projects and find your perfect fit today.