As of writing this blog post, I am living with my parents in South-East Melbourne. However, for many years I have aspired to move out of my parents’ home and live by myself by buying a first home. This is an important step in my life, where I can live independently without being burdened by family expectations. I will be able to live in a place where I can go wherever I want, whenever I want, and form long-term connections with the community. Having my own place to live also means I can arrange my things however I want, and possibly have a pet. I appreciate there will be some challenges in finding my first home given the housing and rental crisis in Australia. However, I not only have the determination to move to my own home, but I am also willing to learn more on what to consider when buying a first home. That way, I will be an informed first home buyer, able to purchase a first home that I can live in for at least 10 years.
I am starting “My First Home Buyer Journey” blog series to record in real-time my personal experience of buying my first home. I will provide an account of what it is like to buy a first home, from saving enough money for a deposit to moving into my first home. I will share some tips when finding a first home, as well as mistakes I have made along the way and what I would have done differently. I will also upload some research posts describing the housing and rental crisis in Australia, as a way to provide some background behind my personal journey.
Of course, I am not a property expert by any means, and what may have or will work for me may not work out for you. I would also strongly advise you to seek professional advice if you want to buy your first home. However, I hope that this blog series will give you a personal insight of what it is like to buy a first home in Australia despite the challenging circumstances. Reading my blog posts will hopefully help you identify some things to consider when buying your first home, as well as what to avoid.