The Trusted Place for Home Buyers

Our team will spend time in consultation with you, so we can ascertain your individual circumstances and long-term goals. We carefully select investment opportunities to fit you best. Rest assured, we will also check in at appropriate intervals to assist you with measuring and managing your investment. Our priority is to make sure you are supported every step of the way.

First Home Buyers

Help for First
Home Buyers

We work hard to eliminate perceived obstacles for first home buyers. We love to see our clients achieve their dream of property ownership! Naturally, we find the very best ways to take full advantage of those first home buyer benefits, in applicable government grants and other subsidies. Even as a first home buyer with no credit or with a limited deposit, our innovative strategies may help you where you might have never thought possible!

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Return Home Buyers

Strategies for
Returning Home
Buyers

We make acquiring your next property highly achievable, using strategy and analysis to help you make the most informed purchasing decisions. Just one example is by leveraging your already existing equity. Our aim is to make the process as seamless as possible, so you enjoy the best returns on investment with maximum longevity.

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Am I Eligible

How to Know If I’m Eligible?

We can help you find out if you qualify for various grants, subsidies and forms of financial assistance and offsets for home buyers.The most well-known of these would have to be the First Home Owner Grant. Here are some requirements you will need to meet in order to be permitted to apply (with QLD):

You must be at least 18 years of age.
You must be buying or building a brand new home.
You must be an Australian citizen or permanent resident (or applying with someone who is).
The value of the home including the land is less than $750,000.
You or your spouse must not have previously owned property in Australia that you lived in.
You must move into the new home as your principal place of residence within 1 year of the completed transaction and live there continuously for 6 months.*

*Source: “Applying for a first home owner grant,”  QLD Government website

Frequently Asked Questions

How can I start?

It all begins with Sunplace’s entirely complimentary one-on-one consultation. Our friendly and professional team will take the time to sit down with you to assess and estimate relevant factors, eg. your loan capacity, rental history and accumulated financial history. We will help find the best way to work with your circumstances to make buying a home a reality for you. We will also equip you with a balanced and achievable strategy to move forward. Book a consultation to get started today.

Do I buy a new or an existing property?

It is always up to you, however, there are definite incentives to buying new and these often come in the form of government grants and better taxation returns. In general, you can expect rental income to be higher with a new property versus old and this can put you in a far better position to continue your investment journey. New properties also come with structural warranties and on average cost far less to maintain. Our responsibility is to advise you on the pros and cons of your options in property investment so feel free to contact us to find out more.

 

How much cash will I need to buy my first home?

Naturally, the amount of savings you should allocate and your required deposit will depend on your financial situation and the price of the property you wish to acquire. However, we can provide a ballpark estimate of 5% deposit and advise that you use common sense judgement in saving funds to support conveyancing and other administrative costs. Keep in mind that we always help you with creating financial strategies to overcome any perceived roadblocks, so it is always a matter of sitting down with us to leverage all the various factors involved. 

 

I may not be able to afford the area I would love to live in, can I buy in an affordable place and use the rent to pay my mortgage?

Absolutely! This is a very wise and valid strategy for entering the property market. With ATO Census reports showing that people typically occupy a purchased property for a period of just 5-7 years, it is astute to recognise that your first home purchase will become another investment further down the line. Therefore, your first home often equals a short-term living arrangement that can soon be used to provide cash-flow as a rental. As you move on, you get to enjoy all the amazing benefits and freedom of long-term wealth-creation!

I have heard it’s important to have an investment mindset when choosing an owner occupier home, is that true and why?

An investment mindset is the cornerstone of building any successful property portfolio. It is less about emotions and much more about creating and implementing carefully considered strategies. You need sound knowledge to make the right decisions as you progress and that’s best achieved through experience. That’s what we are here to help you with at Sunplace. Our consultancy is free-of-charge to you and we can coach you on how to focus your income to achieve your goals.