First Home Buyers

First Home Buyers Melbourne & Brisbane

Grants, Stamp Duty & 6 Helpful Knowabouts

Buy your first home with clarity, confidence, and a strategy that makes sense for your future.

Buying your first home can feel exciting one moment and overwhelming the next. Between deposits, borrowing power, government schemes, stamp duty, lender policies, and choosing the right suburb, there is a lot to navigate. At Stepping Stone Advisory, we help first home buyers in Melbourne & Brisbane to make informed, confident decisions with a plan that feels clear from day one.

Your first home is more than a purchase. It is the foundation of your next financial chapter. That is why the right advice matters. We help you understand what is possible, what is sensible, and what your smartest next move looks like based on your goals, budget, and timeline.

Guidance for the decisions that matter most

We support first home buyers with the practical and strategic parts of the journey, including deposit planning, borrowing guidance, suburb selection, negotiation support, and end-to-end advice from planning to settlement.

Deposit and borrowing capacity planning.
First home buyer grant and scheme guidance.
Victorian stamp duty concession support.
Smart suburb and property selection.
Buyer’s agent strategy and negotiation support.
Clear advice from planning to settlement.

Why first home buyers
feel stuck

For many buyers, the challenge is not just saving a deposit. It is knowing whether now is the right time, how much to spend, what government support applies, and whether the property they choose will still make sense years from now. Many buyers move between excitement and hesitation because they do not have a clear framework to guide the decision. That is where the right advice changes everything. Instead of guessing, second-guessing, or rushing, you get a strategy built around your budget, your future plans, and today’s lending and policy environment. That creates the confidence to move when the right opportunity appears.

Need clarity before you start inspecting homes?

How we help

How Stepping Stone Advisory helps first home buyers

We believe first home buyers need more than property listings. They need calm, strategic guidance that helps them make better decisions with less stress. Our role is to simplify the process, protect you from common mistakes, and help you buy with confidence.

Understand your buying position

We help you assess your deposit, borrowing capacity, lender options, and the true costs involved in buying your first home. This gives you a realistic picture of what you can do comfortably, not just theoretically.

Identify the right support available

Eligible first home buyers may be able to access the Australian Government 5% Deposit Scheme, which allows purchases with a minimum 5% deposit and no lenders mortgage insurance, and Victoria also offers duty exemptions or concessions plus a $10,000 First Home Owner Grant for eligible new homes under $750,000.

Build the right property strategy

Not every first home is the right first move. We help you assess suburb quality, property type, owner-occupier suitability, long-term value, and whether the purchase supports your broader financial goals.

Buy with confidence

Once the right property is identified, we help you move with clarity through due diligence, negotiation, and the buying process so the decision feels informed rather than emotional.

Why buyers choose Stepping Stone Advisory

First home buyers often tell us they want someone to simplify the process, explain things clearly, and help them avoid getting it wrong. That is exactly where we come in. Our advice is personal, practical, and grounded in strategy — not sales pressure.

The right first step can change everything.

Personalised first home buying strategies.

Guidance on grants and government schemes.

Expert borrowing and finance planning.

Smart suburb and property selection.

A long-term wealth creation mindset.

Transparent and honest advice.

Strong lender and broker network.

End-to-end support from planning to settlement.

6 Questions Most First
Home Owners Asks

How much deposit do I need to buy my first home in Australia?

Many buyers aim for a 20% deposit, but eligible first home buyers may be able to buy with a minimum 5% deposit through the Australian Government 5% Deposit Scheme, while eligible single parents or legal guardians may qualify with a 2% deposit.

What is the Australian Government 5% Deposit Scheme?

The Australian Government 5% Deposit Scheme helps eligible first home buyers purchase a home sooner with a minimum 5% deposit, no income caps, no waitlists, and no lenders mortgage insurance, subject to eligibility rules and property price caps.

Do first home buyers pay stamp duty in Victoria?

Eligible first home buyers in Victoria pay no land transfer duty on homes valued up to $600,000 and receive a concession on homes valued from $600,001 to $750,000, provided they meet the residency and eligibility rules.

What grants are available for first home buyers in Victoria?

Eligible buyers of a new home in Victoria may be able to access the $10,000 First Home Owner Grant for homes valued up to $750,000, and eligible buyers may also receive duty savings depending on the property value.

Can I use the 5% Deposit Scheme for apartments or off-the-plan properties?

Yes. The scheme can apply to houses, townhouses, apartments, house-and-land packages, off-the-plan purchases, and vacant land with a building contract, as long as the property is within the relevant price cap and the buyer meets eligibility criteria.

How do I know if I am ready to buy my first home?

You may be ready if you have a stable income, a clear savings position, realistic borrowing power, and a buying strategy that fits your lifestyle and long-term plans. The key is not just whether you can buy, but whether the purchase feels sustainable and sensible.

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