Buying your first home is one of the proudest achievements in life. But before you get the keys to your new home, there are a lot of elements you need to consider. Our guides below will help you make your first property purchase with confidence.

A guide to buying your first home with Frasers Property

Step 1: Set your budget

Speak with a finance expert to determine how much you can borrow to finance your purchase and obtain pre-approval.

Step 2: Deposit

Have you saved enough for a home deposit or do you need to work out a savings plan?  Right now, you can get started with just $10,000 deposit and a long-term savings plan to pay the balance of your deposit. Let our friendly sales team help you buy sooner so you secure your new home at today’s prices.  Register your interest below to find out how. 

Step 3: Select your preferred home

As an early purchaser, you will have greater opportunity to choose a home that meets your criteria in relation to position, aspect, floorplan and price.

Decide what you want:

How many bedrooms do you need?
How many bathrooms?
If buying an apartment, do you want ground floor with a courtyard, or a higher level with a balcony and potential view?
Which floor plan layout do you like?
Any other considerations to meet your needs and preferences?

Step 4: Reserve your home

Once you have selected your home of choice, to initially take the property off the market for 10 days all you need to do is pay a non-refundable reservation administration fee. This is usually $500, but can differ across each state so the Project Sales Manager will confirm this amount for you.

Step 5: Exchange contracts

Sign your contract with your solicitor and pay the required deposit as per your contract. 

Step 6: Construction in progress 

Keep yourself updated on your new home during its construction. Our Care Team will send you monthly updates on the progress of your new home.

Step 7: Pre-settlement of your home

Once your home is complete, you'll be invited to a pre-settlement inspection and if all is ok you can instruct the solicitors to proceed with the settlement of your new home or apartment.

Step 8: Settlement of your home

Arrange settlement and transfer of the balance of the purchase price. Then you move in!


Let us help you buy sooner with a $10K deposit* and a long-term savings plan.

Take advantage of this limited offer to secure your new home at today's prices with just a $10,000 deposit* and a long-term savings plan to pay the balance of your deposit. This is the perfect opportunity to let us build your new home while you save! To find out more register your details below and speak with one of our friendly sales team today.

ICON/brochure_SKETCH Created with Sketch.

Your First Home Buying Guide

Midtown Macpark - First Home Buyer

First Home Buyer Guide

Need more info? Download our comprehensive buying guide for everything you need to know from getting your finances in order to move in with ease. 

View guide

Why buy now?

Speak with our property partners today

Let our property partners help you on your journey to buying your first home. We have finance partners who can assess your financial situation or our legal partners to provide you with the legal guidance you need through the purchase of your new home.

Astute finance_960 x 540

Astute Finance

Your finance experts

Our home finance experts Astute finance have extensive experience working with lenders, allowing them to review your financial needs against a lending panel and present you with simple, straightforward solutions to your individual needs. 

Find out more

Bugden Allen Graham Lawyers

Your property law experts

Experts in property law, Bugden Allen Graham Lawyers, can guide you through the contractual requirements and any legal queries you have for purchasing your new home.

Find out more
Bugden Allen Lawyers_960 x 540

Care that lasts a lifetime

When you purchase your home with Frasers Property, we are with you every step of the way, this includes after you move in. We have a specialised Prosperity Care team dedicated to helping you through the process of moving into your new home and to make sure the quality standard we are used to is upheld. As you are invested in your home, we are invested in making your new home journey as seamless as possible.

Meet Gavin

Prosperity Care Coordinator at Midtown

Gavin is here to help you on your new home journey, all the way through to the day you walk inside your new home at Midtown. Get to know Gavin with our Meet Gavin video below.

Watch Now
Apartments in Macquarie Park
ICON/brochure_SKETCH Created with Sketch.

Creating communities since 1924

FPA quality brochure_454x646

Our Quality Process

Quality is the cornerstone of Frasers Property's legacy. 

Read More
Pink Background