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5. GETTING TO GRIPS WITH GRANTS

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There are usually a variety of different first home owner grants on the table, which can help to shave thousands off purchasing costs (such as by reduced stamp duty fees in Australia), as well as funds that you can potentially use towards a deposit. Of course, there is no such thing as free money, so these sorts of grants often come with a number of criteria that must be met.

In Australia, these types of grants are usually administered by your state government, so it's best to do your research on its official website when reading up on what is currently available — they do tend to change quite regularly.

The Female Investor

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