DAVID Dyball had dreamed of being a homeowner for as long as he could remember but there was one word stopping him: Deposit.
Now aged 28, the Maryborough man has purchased a home without a deposit in Aldershot.
His trick was turning his First Home Owners Grant into the deposit.
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And he is sharing how he did it.
"It all started when I picked up a paper and saw prices for house plans listed," he said.
Once Mr Dyball realised the weekly payment on the plans was less than what he was paying as rent, he started thinking outside-the-box as to how he could get himself onto a plan.
"Being eligible for a First Home Owner Grant, I was wondering if I could use that as the deposit," he said.
"So I contacted a few builders, explained my situation, and had two come back saying they work closely with finance companies that do no-deposit deals."
He said negotiating a deal came down to communication and finding people that would listen to his idea.
Over the next few months, Mr Dyball looked at blocks of lands and found the piece he wanted in Aldershot.
"My plan was simple," he said.
"The process was to find a house plan that suited my budget and then to find land to build it on.
"I spent a lot of time watching land prices to find one at a cheap price.
"The only luck in the process was the fact that the Government was offering grants."
His new home is planned for completion in May.
"It has three bedrooms and two bathrooms," he said.
"It was all done for less than $200k; it cost $196k to be exact.
"If you want to save money you have to get out there and put the work in."
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