How to Avoid Buyer’s Remorse as a First-Time Homeowner

Buying your first home is one of the biggest financial decisions you’ll ever make. It’s exciting, but it can also be overwhelming. Many first-time buyers rush the process and later feel regret — also known as buyer’s remorse. In 2025, with property prices, interest rates, and new off-the-plan opportunities on the rise, it’s important to make clear and confident decisions from the start.

What Is Buyer’s Remorse in Property?

Buyer’s remorse happens when you second-guess your decision after the purchase. For homeowners, it often comes from unexpected costs, poor location choice, or feeling pressured into a fast sale.

You can:

• Avoid common regrets with the right planning
• Make confident decisions by understanding your goals
• Buy smarter with support from the right professionals

It’s not just about choosing the right home. It’s about making sure that home fits your lifestyle, finances, and long-term plans.

Horizon Hurstville | Off the plan Sydney | from $663k | Secure with $10k and $374 x 62 weeks

Set Clear Priorities Before You Start

Before you start scrolling through listings or attending open homes, define what matters most to you. This keeps you focused and prevents impulsive decisions based on emotion.

Make a list of:

• Your ideal location and commute time
• The number of bedrooms and key features
• Maximum budget including stamp duty and moving costs

Having a checklist helps you compare properties and avoid getting swept up in the moment.

Cosmopolitan | Off the plan Parramatta | from $730k | Secure with $10k and $444 x 142 weeks

Get Pre-Approved and Understand Your Budget

One of the biggest causes of remorse is buying more than you can afford. Pre-approval gives you a clear spending limit and helps you stay realistic during your search.

You might be able to:

• Get pre-approved through your bank or a mortgage broker
• Factor in council rates, strata fees, and utilities
• Build in a buffer for furniture and surprise costs

Knowing your full financial picture gives you peace of mind and reduces post-purchase stress.

The Edmondson Collection | Off the plan Sydney | from $590k | Secure with $10k and $673 x 29 weeks

Do Your Homework on the Property and Developer

If you’re buying off the plan, research is essential. Look at the developer’s track record, building quality, and the community around the project.

What to check:

• Previous projects from the same developer
• Building warranties and inclusions in the price
• Future growth plans and infrastructure nearby

Ask lots of questions. A good developer will be transparent and provide clear documentation on every aspect of the property.

Auburn Square, North Village | Off the plan Sydney | from $530k | Secure with $10k and $374 x 115 weeks

Take Time to Review the Contract

Don’t feel rushed into signing. Always review your contract with a solicitor or conveyancer. Understand your rights, cooling-off period, and deposit requirements.

Important points:

• Is there a sunset clause?
• What happens if the valuation comes in lower?
• Are there penalties for withdrawing from the contract?

A little legal advice upfront can prevent major issues later.

The Markets Residences | Off the plan Sydney | from $650k | Secure with $10k and $500 x 45 weeks

How Coposit Can Help

Coposit makes it easier to enter the property market. Instead of needing a full deposit upfront, you can secure your property with just $10,000, then pay the rest in weekly instalments during construction.

There’s no loan, no interest, and no credit check. It’s a smarter way to buy off the plan while keeping your budget in check. You still get all the same tax benefits and growth potential as traditional buyers.

Argo | Off the plan Sydney | from $655k | Secure with $10k and $543 x 42 weeks

Tips to Avoid Regret When Buying Your First Home

Here’s how to buy with confidence and avoid buyer’s remorse in 2025:

• Set priorities and stick to your must-haves
• Understand the full cost of homeownership
• Ask questions, get legal advice, and take your time
• Use tools like Coposit to make your deposit more manageable

Buying your first home should feel exciting, not stressful. With the right approach, you can enjoy your new home without second-guessing your decision.