Build your very own place to call home. After all, your home is your castle.
We are dedicated to guiding you every step of the way towards finding a safe and secure home or investment property. With personalised support, expert advice and a deep understanding of your unique needs, we ensure a smooth journey. Additionally, we offer ongoing support to help you navigate future needs and continue to achieve your property goals with confidence throughout the course of your wealth creation.
Our Values
We aim to build trust through transparent communication with reliable, honest advice.
People First
Our approach prioritises your experience by starting with a deep understanding of your unique needs.
How do I qualify?
In order to qualify for a home loan, there are 3 key points you will need to start out:
- Employment – Full Time — Lenders typically look for stable employment to demonstrate that you have a consistent income to support loan repayments. In most cases, lenders like to see that you have been employed in your current role or industry for a reasonable period of time.
- Debt Level — Your existing debts play an important role in determining how much you can borrow. Lenders review liabilities such as personal loans, credit cards, car finance and other financial commitments to assess your ability to manage additional repayments.
- Credit Worthiness — Your credit history helps lenders understand how reliably you have managed credit in the past. This includes reviewing your credit score, repayment history and any previous defaults or missed payments.
Many buyers are surprised to learn that there are lending solutions specifically designed to help them enter the property market sooner. A first home buyer loan may allow eligible buyers to purchase with a smaller deposit, particularly when combined with government support programs and grants. Understanding these options early can help you plan your purchase with greater confidence and clarity.
Meet the Team
Property Consultant & Client Manager
Sue Farmakis
Client Support & Admin
Samantha Willmont
Land Acquisitions & Marketing
Blake Farmakis
Start your property journey today
Whether you’re a first-home buyer or an investor, My Home My Castle is here to support you every step of the way. Get clear guidance, personalised strategies and ongoing assistance to help you secure the right property for your future.
Get in touch with our team to take the first step towards your dream home or property investment in Australia!
FAQs
What are the benefits of investing in property in Australia?
Investing in property in Australia offers several advantages, including long-term capital growth as well as possible rental income and tax benefits such as depreciation deductions. Real estate is a stable asset that provides financial security and wealth through property opportunities, making it a preferred choice for investors.
What are the risks associated with property investment in Australia?
While property investment in Australia can be profitable, it also comes with risks. Market fluctuations, interest rate changes, vacancy periods and unexpected maintenance costs can impact returns. To minimise these risks, conduct thorough research, choose the right location and work with experts.
How much deposit do I need to buy my first home?
For first-home buyers in Australia, most lenders require a deposit of at least 5–10% of the property's value. However, government incentives, grants and low-deposit loan options can help reduce the upfront cost.
What incentives does the government give to first-home buyers in Australia?
Several incentives are available to first-home buyers in Australia that can help reduce upfront costs and make entering the property market easier. These include:
- First Home Owner Grant (FHOG): A one-off payment for eligible buyers purchasing or building a new home, with grant amounts varying by state or territory.
- First Home Guarantee: Allows eligible buyers to purchase a property with as little as a 5% deposit without paying Lenders Mortgage Insurance (LMI).
- Stamp duty concessions: Many states offer reduced or waived stamp duty for eligible first-home buyers depending on the property value.
- Regional First Home Buyer Guarantee: Supports eligible buyers purchasing in regional areas with a lower deposit and no LMI. Home buyers eligible for RFHBG are not eligible for FHOG or FHG.
- Family Home Guarantee (FHG): Helps eligible single parents buy a home with a deposit as low as 2%.
- First Home Super Saver Scheme: Allows buyers to save for a deposit through voluntary super contributions that can later be withdrawn for a home purchase.
These programs may have eligibility requirements such as income caps, property price limits and residency conditions.
What loan do most first-time home buyers use?
Most first-time home buyers in Australia use a standard variable or fixed-rate home loan, often with a deposit of around 5–20% of the property value. Many also take advantage of first home buyer loan options that allow a smaller deposit when combined with government initiatives such as the First Home Guarantee, which can help eligible buyers avoid paying Lenders Mortgage Insurance (LMI). The most suitable loan will depend on a buyer’s financial situation, deposit size and long-term goals.
How can My Home My Castle help me buy my first home or invest in property?
My Home My Castle provides property and planning services to help first-home buyers make informed decisions. Our house and land packages also offer affordable investment opportunities tailored to your goals.
For those investing through a Self-Managed Super Fund (SMSF), we offer expert support to ensure compliance and maximise returns. Plus, we connect you with trusted finance brokers, legal experts and industry professionals to streamline your property journey.
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