First Home Buyer

As a first-time home buyer, you must purchase the first home you or your spouse have owned or co-owned in Australia, although there are some exceptions. You must also move into the property within 12 months and live there for at least six months. 

A first-time home buyer is a person buying a house or a flat that he or she has never owned before and has no property to sell. You aren’t a homeowner, an investor, or simply mortgaging or re-mortgaging an existing home.  

If your spouse or partner has previously owned or bought a property in Australia, it can impact your first-time buyer status when you make a joint application for a mortgage. 

Also, A $10,000 First Home Owner Grant (FHOG) is available when you buy or build your first new home. 

Types of First-Time Home Buyer Loans 

  • A variable mortgage may be suitable if you seek flexibility rather than a guaranteed rate. 
  • Check out our fixed-rate mortgages if you need stability and predictable repayments. 
  • Want a house that is 100% as you envisioned it? A construction home loan is the answer. 
  • A split mortgage lets you make part of your loan fixed and the other half – variable. 
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Sutherland shire suburbs

Alford Point, Bangor, Barden Ridge, Bonnet Bay, Bundeena, Burraneer, Caringbah, Commo, Cronulla, Dolans Point, Engadine, Grays point, Greenhills Beach, Gymea, Heathcote, Illawong, Jannali, Kangaroo Point, Kareela, Kirrawee, Lilli Pilli, Maianbar, Oyster bay, Miranda, Sandy Point, Sutherland, Sylvania, Taren Point, Waterfall, Woolooware, Woronora, Yarrawarrah and Yowie Bay.

St George area

Allawah, Banksia, Bardwell Valley, Bexley, Beverly Park, Blakehurst, Brighton Le-Sands, Carlton, Connels Point, Hurstville, Kogarah, Kyeemagh, Kyle Bay, Lugarno, Monterey, Mortdale, Narwee, Oatley, Peakhurst, Penhurst, Ramsgate, Riverwood, Rockdale, Sandringham and Sans Souci.

Inner West includes the suburbs of

Annadale, Ashfield, Balmain, Birchgrove, Dobroyd Point, Dulwich Hill, Enmore, Haberfield, Leichhardt, Lewisham, Lilyfield, Marrickville, Petersham, Rozelle, Stanmore, St Peters, Summer Hill, Sydenham, Tempe, Camperdown, Croyden, Croyden Park, Hurlstone Park and Newtown.

Eastern suburbs

The suburbs surrounding the southern shores of Sydney Habour:
Vaucluse, Rose Bay, Darling Point, Double Bay, Point Piper, Woollahra, Edgecliff, Woolloomooloo, Watson Bay, Potts Point, Rushcutter Bay, Elizabeth Bay, Bellevue Hill, Waverley and Bondi Junction.

Coastal

Dover Heights, Bondi, Bronte, Tamarama, Clovelly and Coogee.

Inner City

Darlinghurst, Surry Hills, Moore Park, Centennial Park, Paddington and Queens Park.

South West

Kingford, Kensington and Randwick.