SHORT: A step-by-step guide to buying property in 2025

16 snips

Apr 23, 2025

Discover a practical roadmap for first-time property buyers in 2025. Learn why having the right team, including mortgage brokers and accountants, is crucial. Understand the auction risks with real estate agents and the benefits of hiring a buyer’s agent. Find out if you really need a 20% deposit and why risky investments for deposits are a bad idea. Explore the First Home Super Saver Scheme and how to craft a powerful property brief. Plus, gain smart savings habits to prepare you for a successful purchase!

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ADVICE

Assemble Your A-Team Early

Assemble an A-team including a mortgage broker and accountant well before buying property.
They help maximize borrowing capacity and prepare your finances strategically.

ADVICE

Beware Real Estate Agents & Auctions

Be cautious with real estate agents as they work for the seller, not you.
Avoid auctions or make offers before auction day to prevent emotional bidding wars.

ADVICE

Use a Buyer's Agent

Consider hiring a buyer's agent to negotiate and bid on your behalf.
They can ease the process, especially if you feel intimidated or inexperienced.

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In this short and practical episode of The Australian Finance Podcast, Owen Rask shares the complete step-by-step checklist for buying your first property in 2025 and beyond. Whether you're still saving or ready to buy, this is your roadmap to getting into the market with confidence.

This episode covers:

Why your A-Team matters: mortgage brokers & accountants
Understanding real estate agents & auction risks
The role of buyer’s agents and how they help
Should you invest your deposit? (Hint: no)
Do you really need a 20% deposit?
Using the First Home Super Saver Scheme (FHSS)
Creating a powerful property brief
Smart deposit saving habits that don’t involve risky investing

If you're planning to buy your first home, make this your go-to guide before you commit.

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Resources for this episode

📘 Pearler’s FHSS Resource

🏡 Free Property Course (Rask Education)

🎙️ Australian Property Podcast (Pete, Amy & Chris)

💼 Mortgage Broking Services (Rask)

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DISCLAIMER

This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it.

If you’re unsure, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance.

The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG) – here

Disclosure: Pearler is a long-term supporter of Rask's Australian Finance Podcast. We are not paid to mention them in this video, nor are we paid or benefit in any way from discussing them here.

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