The 5 Best Places To Buy Your First Home

The 5 Best Places To Buy Your First Home

The 5 Best Places To Buy Your First Home

Doing due diligence on the property market gives you important understanding of where you can buy, how much it will cost and whether the area offers a great lifestyle. Finding the perfect balance between these three is important as a first home buyer. Below are five great places to look.

1. Sydney’s Outer Ring

Sydney is notorious for high property prices and problems with housing affordability, especially for first home buyers. However, you can find affordable and high quality homes in great communities along the outer ring of suburbs. Some great options include Penrith, Campbelltown, St Marys, Liverpool, Toongabbie and Wentworthville.

Affordability in these areas is renewing first home buyer confidence and increasing demand. Today, they are thriving communities with excellent business, education and recreational facilities.

2. Newcastle and the Hunter Area

With more Sydneysiders moving north, Newcastle has transformed from a small industrial town to one of the fastest growing regional cities in NSW. Close-by are picturesque communities of the Hunter area. Here, first home buyers can access larger, high quality homes while enjoying the benefits a metropolitan area offers such as a flourishing music and arts community, universities and great employment prospects.

3. South Coast

Areas in the South Coast such as Nowra, Falls Creek and Denhams Beach have experienced solid growth from both investors and first home buyers. Whether you’re from Canberra and looking to escape inland life or someone from Sydney looking for a more affordable, picturesque place to call home, the South Coast is one of the best choices in the country.

4. Mid North Coast

The Mid North Coast is full of beautiful places for those looking for exceptional coastal or rural living. Port Macquarie is one of the state’s largest towns and a popular holiday destination with pristine beaches, a thriving central business district, a university, a great selection of restaurants and affordable housing within walking distance from the beach. Those looking for an even quieter and more relaxed community can find great options in places like Old Bar and Forster.

5. The ACT

Slowing house price growth, sharp unit declines and the abolition of stamp duty on all properties for first-home buyers in the ACT is making it a great option for those looking for a great first home in a place with fantastic employment opportunities as well as great recreation. Suburbs like Scullin, Holt and Denham Prospect boast large section sizes, plenty of green space, a safe family-orientated community and proximity to the city.

House and Land Packages Across NSW and The ACT

If you’re interested in buying a house and land package in any of the areas explored above, McDonald Jones Homes are the ideal choice. If you would like any more information about our services, please get in touch with our friendly team.