The home buying process

Confused about what exactly goes on during the journey towards owning your own home? Check out our handy step-by-step guide below.

Get the groundwork done

Once you’ve worked out how much you can afford to borrow and repay, saved your deposit, factored in all the costs involved, and investigated the home loan that’s right for you, now comes the fun part – buying your home! We investigate the steps involved below.

Step-by-step guide to home ownership

There are many steps involved in purchasing a property which can vary between residential and investment properties. This guide explains each step in order as well as what is involved at every stage of the purchasing process.

Download now


Steps to buying a property

Application process

Begin your home loan application process if you’re looking for pre-approval.

How to choose your property

With the financial foundation all laid out, start house hunting.

Making an offer

Once you’ve found your dream home, make an offer for the property.

Buying at auction

Alternatively, if the property is up for auction, prepare to bid at the auction.

Conveyancing process

Conveyancing refers to the sale of real estate from a vendor (seller) to a purchaser (buyer)

Exchanging contracts and settlement

Once your offer is accepted, you move to exchanging contracts and property settlement.

Paying off your mortgage sooner

Congrats - you’re now a proud and savvy home owner! Learn how to pay off your mortgage sooner.

Talk to your local broker today

Things can change quickly in the market.

Subscribe and stay informed with news, rates and industry insights.