What not to do when buying your first home


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What not to do when buying your first home

By Ebony Locke of Low Deposit Homes · Published 6 March 2026

Avoid costly mistakes as a first-home buyer: don't change your job status or buy a sports car until you've secured your home.

Full transcript

Here are a few things not to do. Once you get your pre-approval and we've secured house and land, no sports bet, no getting new loans, don't have any new kids, Clynt. Don't change your job from PAYG to ABN. I had a client do that midterm because you thought it was going to get more money. You need two years under that ABN to actually get approved again. Don't buy a sports car. Wait, let's get the house first. Keep saving, keep doing what you were doing when we met you and everything's going to be just fine.

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