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First Home Buyers: Tips For Helping Secure Your First Home

By Ben Faulks

Approaching the Belconnen real estate market as a first home buyer can be a daunting prospect. After all, this will likely be one of the biggest financial obligations many Australian's will undertake during their lifetimes.

But if you take your time and do the right research, you will be able to find a property that suits your needs perfectly – giving you a long-term home to raise your family in.

For example, taking the local amenities into account is a great place to start. Having a home located relatively close to things like supermarkets, public transport hubs and schools will help to make your life easier in the long run.

Furthermore, before committing to a property's price, be sure to investigate the various details about the region's local real estate market. Things like auction clearance rates and the median price of Belconnen real estate will help you ensure you get the best deal possible.

Finally, there are First Home Owner Grants (FHOG) available across the state which can help you to secure your first home. In the Australian Capital Territory, this grant is $12,500, and can be put towards purchasing new dwellings in the state.

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