How do I schedule an inspection?

You can schedule an inspection by clicking the "Schedule a Viewing" button, or contact Michael directly on 0411 81 81 71. Private inspections can be arranged at a time that suits you.

What is the auction process?

The property will be sold via auction or prior offer. Michael can guide you through the auction process, including registration requirements, bidding strategies, and pre-auction offers.

Can I get a building and pest inspection?

Yes, we encourage all serious buyers to conduct building and pest inspections prior to auction. Contact Michael to arrange access for your inspector.

What finance options are available?

We recommend having your finance pre-approved before the auction. Michael can recommend experienced mortgage brokers in the area if needed.

Stop Paying Rent: Your Complete Guide to Buying Your First Home

Stop Paying Rent: Your Path to Home Ownership Starts Here

Every month, you transfer a significant portion of your income to your landlord. Every year, that rent likely increases. And at the end of it all? You have nothing to show for it. No equity. No asset. No security.

If you're tired of this cycle, you're not alone. The decision to stop renting and buy your first home is one of the most significant financial moves you'll ever make – and it's more achievable than you might think.

The True Cost of Renting

Let's be honest about what renting really costs:

The Numbers

Average rent in Sydney: $650-800+ per week

Annual rent: $33,800-$41,600+

Over 5 years: $169,000-$208,000+ (with increases)

Over 10 years: $400,000+ paid to landlords

The Hidden Costs

No wealth building

Rent increases at landlord's discretion

No security of tenure

Can't renovate or personalise

Inspections and intrusions

Could be asked to leave at any time

Why Buying Makes Financial Sense

When you buy, your monthly payment (mortgage) builds equity. Every payment brings you closer to owning your home outright. Consider:

**Forced savings**: Your mortgage is essentially a savings plan

**Capital growth**: Property values historically increase over time

**Stability**: Your payments are predictable (especially with fixed rates)

**Tax benefits**: Various deductions for investors; principal residence CGT exemption

**Legacy**: An asset to pass on to family

First Home Buyer Benefits in NSW

The government wants to help you buy. Current benefits include:

First Home Buyer Assistance Scheme

Full stamp duty exemption for properties up to $800,000

Reduced stamp duty for properties $800,000-$1,000,000

First Home Owner Grant (New Homes)

$10,000 grant for new homes up to $600,000

First Home Guarantee Scheme

Buy with as little as 5% deposit

No Lenders Mortgage Insurance (LMI)

Limited places available each year

First Home Super Saver Scheme

Use voluntary super contributions towards your deposit

Tax-effective way to save

*Note: Always verify current schemes and eligibility as policies change.*

How Much Do You Need to Buy?

The biggest myth is that you need a 20% deposit. Reality:

**5% deposit**: Possible with guarantor or government schemes

**10% deposit**: Achievable with LMI

**20% deposit**: Ideal but not essential

Additional costs to budget for:

Stamp duty (may be exempt – see above)

Legal/conveyancing fees: $1,500-$3,000

Building and pest inspection: $500-$800

Loan application fees: $0-$600

Moving costs: $500-$2,000

Your Path to Home Ownership: Step by Step

Step 1: Know Your Numbers

Calculate your savings

Understand your income and expenses

Check your credit score

Step 2: Get Pre-Approval

Talk to a mortgage broker (free service for buyers)

Understand how much you can borrow

Get pre-approval in writing

Step 3: Research Areas

Consider commute times

Look at future growth potential

Research local amenities

Step 4: Start Inspecting

Attend open homes

Take notes and photos

Ask questions

Step 5: Engage Professionals

Conveyancer/solicitor

Building and pest inspector

Mortgage broker (if not already)

Step 6: Make Your Move

Private treaty: Make an offer

Auction: Register and bid

Contract review before committing

Why 6 Carinya Ave Could Be Your First Home

As a first home buyer, you want:

✓**Value**: Established home in desirable location

✓**Character**: Something special, not a cookie-cutter apartment

✓**Space**: Room to grow into

✓**Location**: Lifestyle benefits from day one

✓**Potential**: Ability to add value over time

6 Carinya Ave delivers all of this:

Three bedrooms provide space for a home office or future family

The massive backyard offers lifestyle now and potential later

Double-brick construction means low maintenance

Walking distance to beach, cafes, and transport

Quiet residential street in established neighbourhood

The Rent vs Buy Calculation for This Property

Consider this comparison:

Renting nearby:

3-bed house rent: ~$750-$900/week

Annual rent: ~$39,000-$46,800

10-year cost: ~$450,000+ (with increases)

Equity built: $0

Buying:

Mortgage payment on similar amount

Building equity from day one

Potential capital growth

Your home, your rules

Taking the First Step

The journey from renter to homeowner starts with a single step. You don't need to have everything figured out – you just need to start.

Contact Michael today to discuss your first home buying goals and arrange an inspection of 6 Carinya Ave. We can connect you with mortgage brokers, explain the auction process, and help you understand whether this property suits your budget and goals.

Stop paying someone else's mortgage. Start building your own future.

Auction: Saturday, 21st February 2026 at 11:15am (On Site).