When you're saving for a home, every little bit counts. We understand that saving a deposit can be hard work. It takes time to save and discipline to stay focused on the end goal. By sticking to a budget and starting a regular savings plan, you'll be on your way toward the ultimate goal of home ownership.
Before you start saving it pays to work out a budget. It will help you put away the maximum amount you can afford each week or month. Our comprehensive budget planner calculator can help you with this.
The next step is to look for a savings account that will pay high interest so your money works even harder. The NetBank Saver online savings account offers high interest with no bank fees*. The GoalSaver savings account rewards you for saving, whether you're a new or existing customer. It offers a great variable bonus interest rate that keeps on going when you increase your balance by at least $200 a month (excluding interest) and make no more than one withdrawal.
You should also consider a Term Deposit which is an investment that provides a guaranteed return for the term you select. A Cash Investment Account could also be the ideal place to grow your funds while you save for a deposit, offering daily interest on balances of $10,000 or more with full access to your money when you're ready to invest again.Compare the rates, features and fees of these 4 accounts with our comparison table.
Find out what you should also consider by reading our complete step-by-step guide to buying a home.
Find out how much you can borrow with our useful calculator.
Experience risk-free real estate with our property investment simulator. Learn about market conditions, capital gains and property management, and experiment with your equity to see how you can get ahead. Get started with Investorville.
A house is likely to be your most valuable asset and it's essential you protect it. CommInsure has a range of home and contents insurance options that you can tailor to match your budget and lifestyle.