First home buyer pitfalls: Avoiding expensive mistakes in today's market

First-time buyers are driving demand for two-bedroom apartments this Spring, but costly mistakes in the property market can set newcomers back years – so how do you avoid them and build lasting wealth?

In this episode Jarrod discusses:

• Not waiting for finance: start educating yourself early on priorities, locations, and property types
• Using government grants wisely without letting them steer you toward poor investments
• Dropping preconceived ideas about property types to align with your actual lifestyle and goals
• Focusing on potential rather than perfection, prioritising unchangeable factors like location
• Understanding buying processes, from auctions to private sales, and assembling expert help
• The critical need for thorough due diligence, including inspections and independent valuations

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Investing in property makes sense. Investing in the right property takes knowledge.

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