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Buyer’s agents for first-time homebuyers

Being a first home buyer, gaining the experience you need to purchase your first home can be overwhelming. At Wise Real Estate Advice, we recognize the complexities involved.

What constitutes an ideal first home varies for each individual, given the multitude of options available.

Take for instance, established property, renovation property, new house and land packages or apartments.

Our team of buyer’s agents collaborates with first-time homebuyers, addressing the challenging questions that arise at every stage of the property purchasing journey.

Buyer's agents for first-time homebuyers

The Hidden Challenges of Using a First Home Owner Grant

In a competitive market like Melbourne, getting into your first home can be tough—especially when you’re relying on the Victorian First Home Owner Grant (FHOG) to make it happen. While the grant offers valuable financial support, it can also introduce extra hurdles that make securing a property more challenging than expected.

One of the biggest hurdles is navigating the preferences of real estate agents, who often favour buyers with large deposits and offers that aren’t subject to finance or inspections. Unfortunately, grant-related conditions can make your offer less attractive on paper.

That’s where our buyer’s agents come in. At Wise Real Estate Advice, we guide first home buyers through every stage of the negotiation process, helping you structure offers that align with your budget and meet grant requirements. We’re proud to have a 100% success rate in securing properties for first-time buyers using government grants.

Victorian First Home Buyers: Buy with Just a 5% Deposit in 2025

The Albanese Government is expanding its support for first home buyers—making it easier for Victorians to enter the property market with just a 5% deposit.

Under the new changes, there’ll be no income caps, no limit on places, and higher property price thresholds, giving more buyers access to the scheme. The Government will guarantee part of your home loan, meaning you won’t need to pay Lenders Mortgage Insurance (LMI)—a saving of tens of thousands of dollars for many.

To put that in perspective:

  • With Melbourne’s median house price sitting near $820,000, a 5% deposit would be $41,000.
  • A first home buyer in Melbourne could now purchase a $900,000 property with just $45,000 down, without needing to pay LMI.

This is a game-changer for young Victorians, helping fast-track savings goals and reduce reliance on family loans. Instead of helping kids with a deposit, parents can now focus on their own retirement.

It’s a bold step that recognises how hard it’s become for the next generation to buy a home—and it’s aimed at turning that around.

Using a Buyer’s Agent Improves Your Buying Odds

A buyer’s agent simplifies the journey by filtering through the noise and presenting only the properties that match your goals—saving you time, energy, and stress.

We handle everything from property inspections and negotiations with selling agents to coordinating with conveyancers and building inspectors. You’ll receive clear, actionable advice to help you make confident, informed decisions.

The pressure of bidding at auction—or the uncertainty of competing against unseen buyers in private negotiations—is lifted when you have a professional acting on your behalf. A buyer’s agent brings expert knowledge and proven bidding strategies to the table, giving you the edge in any buying situation.

With the right guidance, the property search that once felt never-ending can often be completed in just a few months.

More information on a buyers agent service

Apartment or House: What’s Right for Your First Home?

For first home buyers, one of the biggest early decisions is whether to buy an apartment or a house. The right choice depends on your lifestyle, budget, and future plans.

Apartments are usually more affordable and located closer to the city, public transport, and amenities. They offer low-maintenance living—ideal for singles, couples, or anyone who values location over space.

Houses, on the other hand, provide more room and flexibility. They’re a better fit for growing families, pet owners, or those wanting a backyard and renovation potential. While they often come with a higher price tag and are further from the CBD, they can offer stronger long-term growth.

If you’re unsure what suits you best, a buyer’s agent can assess your situation and help guide you in the right direction.

Making the right decision now can save time—and prevent costly regrets later.

“Hear from the First-Time Buyers We’ve Helped”

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Summary
Buyer’s agents for first homebuyers
Service Type
Buyer’s agents for first homebuyers
Provider Name
Wise Real Estate Advice Pty.Ltd,
Level 27, 101 Collins Street,Melbourne,Victoria-3000,
Telephone No.+61 3 9108 4266
Area
Melbourne
Description
Making the decision to purchase your first home is significant. We explore how buyer's agents can assist you in securing your future in property.
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