It’s one of the most common questions I get asked — The truth is, there’s no one-size-fits-all answer. It really depends on your goals, lifestyle, and financial position.
Here are a few key points to help you weigh up both options:
💰 Buying Your Own Home First
- You’ll have stability and security — a place that’s truly yours.
- You may be eligible for First Home Buyer benefits and stamp duty concessions.
- However, once you commit to your own home, your borrowing capacity may be lower, as you’ll be covering full living expenses and repayments.
📈 Buying an Investment Property First
- You can leverage rental income and tax deductions to help with your loan repayments.
- You might choose to buy in a more affordable area while renting where you actually want to live — a strategy known as rentvesting.
- There can be tax advantages, such as negative gearing and potential capital gains over time.
- On the flip side, you’ll miss out on some First Home Buyer incentives.
At the end of the day, the right path depends on what’s most important to you — whether that’s lifestyle flexibility, cash flow, or long-term property growth.
If you’re currently weighing up your options, I’m happy to help you run through the numbers and build a strategy that fits your goals.
📞 Reach out anytime — let’s find the right path to get you into the market sooner.