Buying guide

Thinking about your goals

Plan ahead and decide whether buying a home supports your lifestyle, finances, and long-term future goals.

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Before buying a home, carefully consider if it supports your long-term goals. Think about your 5-10 year plan for location, family, and work to decide if now is the right time.

Weigh the pros and cons of renting versus buying. Renting offers flexibility and lower upfront costs, while buying is a long-term investment that builds equity and provides stability. However, homeownership requires a significant deposit and ongoing maintenance costs. Discussing plans with a partner is also crucial.

The costs of owning a home

The following illustrates that there are more costs to buying a home than just the purchase price.

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