FOR FIRST-TIME BUYERS
PROPERTY INVESTORS
Your First Home, Done Right
Skip the compromises of a project home. Senka gives first home buyers architectural design, premium inclusions, and a fixed price from day one - with grants, concessions, and expert guidance to get you there.
OVERVIEW
Why first home buyers choose Senka
- Architectural design at FHB prices – not cookie-cutter project homes
- Full premium inclusions – no painful upgrade path
- Fixed-price contract from day one – no budget creep
- Hand-holding through every grant, concession, and scheme
GRANTS & SCHEMES
Every FHB advantage, explained
Senka investment builds are spec’d differently than owner-occupier homes. Every choice reduces maintenance, extends tenant appeal, and maximises yield.
First Home Owner Grant
$10,000
For new builds under $750k. Must live in for 12 months.
Stamp Duty Concession
Up to $31k+
Full exemption up to $600k, partial to $750k.
First Home Super Saver
Up to $50k
Withdraw super contributions tax-effectively for deposit.
Victorian Homebuyer Fund
Up to 25%
Government contributes up to 25% equity. Reduces loan size.
First Home Guarantee
5% deposit
Buy with 5% deposit, no LMI. Capped annually.
FHB-FRIENDLY RANGE
Starter homes, architecturally designed
WORKED EXAMPLE
How Sarah & Tom bought their first home
A real FHB journey (anonymised) showing how grants, concessions, and the 5% deposit scheme stack together on a $575k H&L in Truganina.
“Moved in: 14 months after first consultation”
| Purchase (H&L Truganina, 4 bed) | $575,000 |
| Deposit (5% FHG scheme) | $28,750 |
| FHOG grant | $10,000 |
| Stamp duty | $0 (exempt) |
| Loan amount | $546,250 |
| Interest rate | 5.9% |
| Monthly repayments | $3,240/mo |
THE PROCESS
Seven steps from consult to keys
01
Step 1
Free FHB consultation (grants, budget, goals)
02
Step 2
Finance pre-approval (FHB-specialist brokers)
03
Step 3
Choose your design (FHB-friendly range)
04
Step 4
Secure your land or H&L package
05
Step 5
Fixed-price contract signing
06
Step 6
Construction (we handle FHOG paperwork)
07
Step 7
Move in + grant payout at handover
DEPOSIT BUILDER
A $575k home needs ~$28–30k cash
Stack FHSS super savings + the First Home Guarantee + FHOG to get into your new home with far less cash than you’d expect.
FHSS (super withdrawal)
$25,000
First Home Guarantee deposit
$28,000
FHOG grant offset
$10,000
Combined advantage
$38,000+
FREQUENTLY ASKED QUESTIONS
First Home Buyer questions, answered
Am I eligible for FHOG in Victoria?
You qualify if you’re buying or building a new home under $750k, haven’t owned property in Australia before, are over 18, and will live in the home for at least 12 months within a year of completion.
Can I combine FHOG, stamp duty exemption, and First Home Guarantee?
Yes. Most Senka FHB clients stack all three — plus FHSS — on a single purchase.
What's the First Home Super Saver Scheme?
A federal scheme that lets you make voluntary super contributions (up to $50k total) and withdraw them tax-effectively to fund your first home deposit.
How much deposit do I actually need to build?
With the First Home Guarantee you can buy with as little as 5% — around $28k on a $575k home — and avoid LMI entirely.
Can I buy H&L as my first home?
Absolutely. Most of our FHB clients buy H&L packages. You still qualify for FHOG and stamp duty exemption.
What happens if my income changes during the build?
Your fixed-price contract doesn’t change. Your lender will reassess at final drawdown — we work with brokers who specialise in managing this.
How long does the FHB building process take with Senka?
From first consult to keys: typically 4–8 months. Sarah & Tom’s journey was 6 months end-to-end.
Can I make changes to my home design mid-build?
Yes, but it depends on the stage of construction. Early changes are easier and less costly; later changes may require additional approvals and fees.
What support does Senka offer throughout the build?
We provide dedicated project managers, regular updates, and personalised financial advice to ensure a smooth and transparent building experience.
"The fixed-price guarantee was the reason we went with Senka. After hearing horror stories about cost blowouts, knowing our price was locked in gave us real peace of mind."
– Andrew & Michelle, Craigieburn
HIA
DB-U 68XXX
Master
Builders
CBUS
Insured
VBA
Registered
ISO
9001
Ready to Explore Our Home Range?
Book a free consultation or browse our designs online – no obligation.
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