ideas for first home buyers

apart from the govt giving you a tax break of 750 on 5000 saved.......you might like to consider buying stocks that are in the building or property industry to help your deposits.........do not touch listed property trusts....but go for pure property players like eg;

axi.......perth land developers and also commercial property developers........price dirt cheap now at .30

or dvn......resi land developers and home builders, tied up or jv with leightons......sp around 1.25,

or avj ...91 same as dvn
there are other players but sp more expensive like sdg 3.65 with a divy of .14 cents this year, bld at 5.85

just suggesting to you as the whole property industry has gone down due to sub prime and centro things........
but it will turn around, in 6 months or more........you might make enuff from this type of play to get a leg in, and benefit from the property market
cheers