This sample First Home Buyer Action Plan report assesses a buyer preparing to purchase their first home based on their selected budget, deposit, income, expenses, preferred property type, buying timeframe and personal circumstances. The report brings these details together to evaluate financial readiness, identify potential government grants and concessions, highlight important property and contract checks, and provide a practical step-by-step pathway from preparation and loan pre-approval through to making an offer and settlement.
Where you are and what comes next
You are in the inspection stage, with finance and key checks already underway, but title and property-specific due diligence still need confirmation.
Finance and Budget
Pre-approval and cost estimates are already in place, giving you a workable buying range.
Property Due Diligence
Use inspections to confirm condition, title type, and any strata or maintenance issues before offering.
Offer or Auction
Once due diligence is clear, decide your offer strategy and price limit for the private sale.
Contract and Formal Approval
The contract is received and reviewed, but formal lender approval and final contract details still need confirmation.
Pre-Settlement Checks
Later, confirm insurance, final figures, and any remaining settlement conditions before completion.
Settlement and Keys
Settlement should only proceed once funds, documents, and final confirmations are ready.
First Home Readiness
A snapshot of your readiness across the five key areas that support a confident first-home purchase.
Readiness by dimension
Your current score compared with the ready benchmark.
Readiness score
The benchmark is 75 because this is the score at which a dimension is classified as Ready. These are indicative scores based only on the information supplied.
Government Scheme Pathways
This is an indicative pathway check only and not an eligibility decision.
First Home Super Saver Scheme
Supplied details suggest this may be relevant for voluntary deposit savings, subject to official confirmation.
- Australian citizen and age 18 or older: matched from supplied details
- Never owned property in Australia or overseas: matched from supplied details
- Intends to live in the home: matched from supplied details
- Voluntary super contributions made: matched from supplied details
Next action: Check the ATO FHSS release process or ask your accountant/lender to confirm contribution and withdrawal rules.
Australian Government 5% Deposit Scheme
The deposit level and first-home status appear consistent, but the price cap and participating lender must be confirmed officially.
- Minimum 5% deposit: matched from supplied details
- First-home-buyer status: matched from supplied details
- Owner-occupied home: matched from supplied details
- Location price cap and participating lender: unconfirmed
Next action: Ask a Participating Lender to confirm the property against the official scheme tool and lending rules.
Australian Government Help to Buy Scheme
Joint application and income band appear within the reviewed thresholds, but shared-equity obligations and price cap need official confirmation.
- Joint applicants and Australian citizenship: matched from supplied details
- Income band up to $165,000 for joint applicants: matched from supplied details
- Existing home and owner-occupier intention: matched from supplied details
- Government equity repayment and price cap: unconfirmed
Next action: Use the official Help to Buy check or speak with Housing Australia for confirmation of rules and obligations.
Scheme rules reviewed 14 July 2026. Criteria, price caps, thresholds, places, and lender requirements may change and require official confirmation.
Confirm title type and strata status
Title status is not sure, and that affects what records and risks you need to check before offering.
Who: conveyancer or solicitor, plus selling agent
Deadline: before your next inspection or any offer
Status: Not yet confirmed
Inspect for age-related maintenance issues
The house was built in 1995, so focus on roof, drainage, moisture, cracking, services, and signs of deferred maintenance.
Who: you, with the building inspector if a follow-up is needed
Deadline: at the next inspection
Status: Building and pest inspection completed, but visual inspection still matters
Check the contract for title, inclusions, and special conditions
The contract has been reviewed, but you still need to confirm the exact title details and any clauses affecting settlement.
Who: conveyancer or solicitor
Deadline: before making an offer
Status: Reviewed, but final confirmation still required
Recheck your cash buffer against likely holding costs
Estimated cash left after settlement is modest, so you should confirm you can still cover moving, repairs, and early ownership costs.
Who: lender or broker, and your own budget review
Deadline: before signing or increasing your offer
Status: Costs calculated, but buffer remains tight
Purchase Blockers
- No confirmed blocker is supplied, but title type remains unconfirmed and should be checked before commitment.
- If strata or community title applies, routine confirmation of disclosure documents and levies should happen before offering.
- Any inspection concern about structural movement, moisture, or major defects should delay commitment until professionally clarified.
Missing Information
- Title search or written confirmation of whether the property is strata, community titled, or standard freehold.
- Any strata disclosure documents, financials, planned works, insurance details, and levy history if applicable.
- Exact inclusions, special conditions, and settlement dates in the contract.
- Any follow-up inspection notes for the 1995-built house, especially roof, drainage, and moisture issues.
Questions to Ask
- Can you confirm whether this property is standard title or strata/community title, and provide the title details?
- Are there any known defects, repairs, or maintenance issues that have come up in recent inspections or owner feedback?
- What inclusions are staying with the property, and are there any special conditions I should know about?
- If this is strata titled, can you provide the disclosure documents, levy amounts, insurance, and planned works?
- Can you confirm the settlement timeline and whether any conditions are expected before acceptance?
Personal Risk Notes
- Cash buffer: estimated post-settlement cash is tight, so avoid stretching the offer without confirming repair and moving costs.
- Holding period: more than 10 years supports a long-term ownership view, but only if the property condition is manageable.
- Property/title type: title uncertainty is the main information gap because it changes the documents and risks to review.
- Sale method: private sale gives more time for due diligence than auction, so use it to confirm details before committing.
Your Buying Timeline
Today
- Ask the agent for title confirmation and any strata or community title documents.
- Review the inspection findings with the 1995 build in mind.
- Check whether any obvious maintenance items need a second look.
Before the next commitment
- Confirm contract inclusions, special conditions, and settlement timing with your conveyancer.
- Recheck your cash buffer after deposit and settlement costs.
- Verify whether any scheme pathway needs official confirmation before you rely on it.
After acceptance or exchange
- Keep finance and contract conditions aligned with your lender and conveyancer.
- Arrange any follow-up inspection if a concern remains unresolved.
- Confirm insurance timing and any required policy details.
Before settlement
- Complete final pre-settlement checks and confirm funds are ready.
- Review the final settlement statement and any adjustments.
- Prepare for key handover once all conditions are satisfied.
Recommended Decision
Proceed after completing these actions. You appear broadly prepared, but the title type and any strata-related records still need confirmation before you make a commitment. Focus next on confirming title status, reviewing inspection findings for the 1995 build, and checking your cash buffer against repairs and moving costs.
This action plan is general information based on the details supplied. Professional and official verification may still be required.
Confirm current scheme eligibility
Use the official Australian Government information and eligibility tools before relying on a scheme in your purchase plan.
Rules reviewed 14 July 2026. Final eligibility and property price caps require official confirmation.
This example shows how Proptywise can turn a first-home buyer’s financial position, property preferences, purchase timeframe and key concerns into a structured buying action plan. It can help buyers understand what to prepare, which professionals to engage, what checks to complete and which potential support schemes to investigate before committing to a property. The report provides general information only and does not replace personalised financial, lending, legal, taxation, building, pest or conveyancing advice. Grant eligibility, scheme requirements, borrowing capacity, property costs and contract conditions should be independently confirmed with the relevant authorities and suitably qualified professionals. Explore more AI report examples or generate a First Home Buyer Action Plan report for your property journey.