Fewer Buyers. Better Deals?

Send us Fan Mail Thinking about buying your first home but worried the market is too scary? Charin and Vishi say it might be the best time to get in. In this Gen Z edition of TFS WealthCast, Charin and Vishi break down what first home buyers can do, what they shouldn't do, and how to give yourself the best shot at that first set of keys. With more properties sitting on the market and sellers more open to negotiating, buyers may have more bargaining power than they realise. They also look at how your first home can become the stepping stone to your first investment property. It all comes with plenty of coffee, banter and honest, real-world examples from clients they've worked with. What you'll learn in this episode: - Why the current market could work in a first home buyer's favour, and what longer time on market means for your negotiating power - How government support like first home grants, stamp duty concessions and the 5% deposit guarantee can help, and the land-and-build angle that can reduce stamp duty - Why the suburb's infrastructure (trains, freeways, shopping centres, schools) can matter as much as the house itself - How to buy your first home with an investor mindset, including why a lavish fit-out doesn't always lift rent, and how smart upgrades like extra ensuites can - The extra costs on top of your deposit (bank and legal fees, and surprises like a new levy a client was hit with), and why you need a savings buffer - How to review your budget over three months and find the savings that get you deposit-ready sooner Chapters: - 00:00 Welcome to the Gen Z edition - 01:38 The current market for first home buyers - 05:53 Why buyers have more bargaining power - 07:55 Grants, stamp duty and the land-and-build loophole - 10:19 Buying with a 5% deposit - 11:49 Infrastructure and where value gets built - 16:07 Buying your first home like an investor - 18:45 Using equity to reinvest - 27:21 Budgeting and building your deposit - 33:37 The hidden costs beyond your deposit - 39:04 Getting help from a financial planner - 41:53 Adding value with ensuites and rental income - 46:00 Wrap-up Your hosts: Charin and Vishi from the team at Tomorrow Financial Solutions (TFS), a Melbourne-based team helping Australians with home loans, refinancing, investment finance and more. Ready to take your first step? Book a Free Consultation with our team. Email: [connect@tomorrowfs.com.au](mailto:connect@tomorrowfs.com.au) Phone: 03 9193 3634 Web: https://www.tomorrowfs.com.auAlready a TFS client? Explore the TFS Loyalty program: https://tfsloyalty.com.au If this episode helped, follow the show, leave a review, and share it with someone working towards their next financial step. General information only. This episode does not take into account your personal objectives, financial situation or needs, and is not personal financial advice. Government grants, concessions and eligibility rules vary by state and change over time, so please check current details and seek advice that suits your circumstances before making any decisions. #CreatingTomorrow #TFS #TFSWealthCast #FirstHomeBuyer #GenZ #PropertyInvestment #HomeLoans #AustralianProperty Any information discussed or provided in this podcast is general advice and has been provided without taking account of your objectives, financial situation or needs, you should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product Disclosure Statement before deciding to acquire the product. **Website** https://www.tomorrowfs.com.au/ **Facebook** https://www.facebook.com/tomorrowfs.com.au?mibextid=wwXIfr&rdid=2XjnQHpmHV1wnR4r&share\_url=https%3A%2F%2Fwww.facebook.com%2Fshare%2F1CeyxmzE79%2F%3Fmibextid%3DwwXIfr# **Instagram** https://www.instagram.com/tomorrowfs.com.au/?igsh=aWUwaDZxcWM5amF6# **YouTube** https://www.youtube.com/@tomorrowfs **TikTok** https://www.tiktok.com/@tomorrowfs?\t=ZS-8z0BOYqsW7J&\r=1