Seven essential tips for first home buyers in Townsville

Embarking on the journey of buying land to build your first home is an exciting milestone. If you're considering purchasing land and building your dream home in our growing and vibrant Elliot Springs community, here are seven essential tips to help you navigate the journey with confidence and ease.

Start saving early

Building your first home requires financial planning, so start saving early to cover costs such as deposits, fees, and unexpected expenses. Consider setting up a dedicated savings account and explore options like the First Home Super Saver Scheme to maximise your savings.

Research financing options

Familiarise yourself with different financing options available for land purchases and home building loans. Speak to financial advisors or mortgage brokers to determine your budget and understand eligibility criteria, interest rates, and repayment terms that align with your financial goals.

Understand deposit requirements

Determine the deposit amount you’ll be required to pay to secure land and start building your dream home. Elliot Springs offers flexible deposit options, and our sales team can provide you with detailed information tailored to your specific circumstances.

Explore government grants and schemes

Take advantage of any government grants and schemes that have been designed to support first home buyers. Research initiatives such as the First Home Owner Grant and HomeBuilder Scheme to assess your eligibility and potential financial benefits. These schemes can assist you financially towards achieving your home ownership dream.

There’s never been a better time to build your first home, with the Queensland First Home Owner Grant recently doubled to $30k until mid 2024!

Visit display homes

Touring display homes allows you to visualise different home designs and floor plans offered by a variety of different local builders. Take note of the features that appeal to you and discuss customisation options with the builders to create your ideal living space.

You can view six new homes at the Elliot Springs Display Village by local Townsville builders:

• Michael Case Homes
• Fresh Homes
• Grady Homes
• AP Williams & Co.
• Proview Homes
• Tropical Homes

 

Consult the experts at the Elliot Springs Sales and Information Centre

If you’re looking for some assistance and guidance on your journey to buying land, the Elliot Springs Sales and Information Centre is your one-stop destination for all the information you need to start your home-building journey in Elliot Springs.

Our knowledgeable and friendly sales team are ready to assist you every step of the way and can guide you through the buying process.

Research land availability and pricing

Explore the land options available and consider how you’ll decide where you’d like to live. Consider important factors such as location, proximity to amenities like parks, schools and shops, and lifestyle preferences.

With a range of lots and house and land packages now available for sale, you'll find an option to suit your lifestyle and budget at Elliot Springs. View land for sale here or reach out to our friendly sales team to find out more here.

You can also check out what special offers, such as low discount offers and resident referral rewards, are available for Elliot Springs buyers here.

Once you’ve decided on the perfect lot of land, check out our Elliot Springs Buyers Guide here.

A thriving new community just 15 minutes from Townsville’s CBD

Discover the perfect place to call home for first home owners in Townsville.

Enjoy nature views and convenience on your doorstep at Elliot Springs, with wide open streets and pathways connecting residents to the award-winning Wadda Mooli Park, and the hike and bike trails of Bindal Ridge, the community’s future, schools and shops just a short walk away.  Learn more about the Elliot Springs masterplan here.