HOW TO: Get on the property ladder

HOW TO: Get on the property ladder

Take the stress out of buying a new home with these simple steps

Set a budget

As a mortgage is likely to be one of the biggest debts you’ll ever take on, it’s important to be realistic – not only about your current financial circumstances but also about future costs, to work out how much deposit and monthly mortgage payments you can afford.

Eligiblity for financial assistance

There are a number of ways you may be able to help fund your home purchase and it’s important to look into all of these options (alongside your finance or mortgage broker) to determine which option is right for you! Things like the First Home Owners Grants & stamp duty concessions are a good place to start.

Familiarise yourself with different types of loans

Home loans can vary greatly when it comes to interest rates and fees, so it’s important that you do your research and consider the potential advantages and disadvantages of various loans you’re considering. For example, some loans may allow you to make extra repayments, redraw funds, or use an offset account, which could reduce the interest you pay over time.


Don’t be afraid to shop around and ask your lender if they can offer a more competitive rate than what’s currently advertised.

Look to the location

While a lot of time and effort is spent considering the style and design of the home, one of the most important elements of purchasing your first home (particularly those who plan or are required to reside there) is location.


In an article featured on Domain, it is suggested that buyers get out and check out the sites and locations of where they are considering buying. Spend some time in the area to get a gauge of the local environment and an understanding of its connectivity to relevant amenities and infrastructure.

As one of the country’s leading and fastest-growing communities, investing in Woodlea not only proves to be a strategic investment but also provides an unmatched living experience, with community spirit and a commitment to sustainability truly setting this estate apart from the rest.


Set to redefine off-the-plan residential living, Woodlea is now home to a Coles supermarket and soon-to-open pharmacy, medical centre, hair and beauty salon, bakery, tavern, restaurants, trendy cafés and more!