First Time Home Buyers

Often times people think buying a home is out of their reach. Buying your first home can be both a scary and exciting process. Contrary to popular belief, getting into the housing market is now easier than ever- interest rates are at an all-time low, the First Time Home Owners’ Grant of $15,000, and numerous builder and land bonuses. Regardless of your situation, building a new, first home with EDQ Homes means you are working with experienced industry insiders who will make the process easy and seamless.

So where do I start?

Step 1: See if you qualify for the $15,000 First Time Buyer’s Grant

The Queensland First Home Owners’ Grant is a state government initiative to help first home owners like you to get into their new first home sooner.  Eligible applicants will get $15,000 towards buying or building your newly-constructed house valued less than $750,000. This $15,000 could be enough to cover your deposit to the bank along with fees! Or you could use it towards choosing a bigger home or get you the kitchen you have always dreamed of. At EDQ Homes, we have a multitude of floor plans and facades to choose from or to be inspired by.

If you have a custom plan in mind, you can work with our in-house design and architectural teams to build your dream home from scratch.

To be eligible:

• You must be at least 18-years-old.

• You must be an Australian citizen or permanent resident (or applying with someone who is).

• You or your spouse must not have previously owned property in Australia.

• You must be buying or building a newly-constructed home, valued under $750,000.

See if you are eligible: https://firsthomeowners.initiatives.qld.gov.au/eligibility.php

Step 3: Picking your neighbourhood

Location, Location, Location! Consider your lifestyle. Are you often found out and about around town from Domain to City Lane to The Strand? Do you need to be close to day care, primary, or secondary schools? Do you enjoy the city life in town on the weekends catching up with friends or do you prefer a BBQ on the back deck with a coldie in hand? Do you have a budget for taxi’s home on Saturday night? These questions will guide you to how close to town you want to be. Needless to say, land closer to town will be smaller and more expensive to buy, but the houses will generally be similar in price.

Step 4: Determining a lot size

Do you want a low maintenance courtyard for entertaining or do you want a ride on mower this Christmas for that ¼ acre yard you will be cutting every weekend? No matter which area you choose to live in, The New Home Specialists at EDQ can guide you through land purchasing and finding what is going to suit you best.

Step 5: Picking your floor plan

So now that you know the size of your lot and your neighbourhood, it’s time to pick your home. A great place to start is to walk through display homes for inspiration. Some people prefer to pick an established floor plan and make a few small changes while others prefer to create their dream home. It’s time to get your wish list ready. Our New Home Sales Consultants specialise in determining your needs and translating that into a floor plan you want. The added benefit of having an in-house design and architectural team working throughout the design phase is at no extra cost to you.

With years of experience, we have thought of everything. That means no hidden extras, no hidden costs, and no extra headaches.