In this Property Now episode, financial adviser Arcadius from Strategic Investor Group joins Carbs to explain why buying your first property is still possible, even in today's market.
The conversation challenges the idea that home ownership is out of reach for young Australians.
Start With the Property You Can Afford
One of the biggest takeaways is that first home buyers need to reset their expectations.
Instead of chasing a dream suburb, buyers should focus on:
- What they can comfortably afford
- Areas with long-term growth potential
- Building equity over time
The goal is to get into the market, not buy a forever home on day one.
Small Steps Can Lead to Bigger Opportunities
The episode discusses several strategies that may help buyers enter the property market sooner, including:
- Reducing high-interest debt
- Understanding borrowing capacity
- Using available first home buyer schemes
- Considering rentvesting
- Researching suburbs beyond traditional hotspots
Planning and education are just as important as saving a deposit.
Property Is More Than an Investment
A strong message throughout the discussion is that owning a home provides more than financial returns.
Property can offer:
- Long-term security
- Greater stability
- More options for future wealth creation
- Flexibility when starting a family or business
Rather than comparing yourself to previous generations, the focus should be on making the best move for today's market.
Coposit and Buying Off the Plan
Coposit helps eligible buyers secure off the plan property with a smaller upfront amount instead of a traditional large deposit.
This gives first home buyers more flexibility while saving towards settlement during construction.
Practical Property Advice for First Home Buyers
Buying your first home may look different than it did a generation ago, but the opportunity is still there. The key is understanding your options, researching the right property and taking the first step when you're ready.
