Welcome to TMAP‘s Christmas Countdown! Each day, we’re sharing property lingo, insights, tips, and tools to help first home buyers start 2025 on the right foot—perfect for first-home buyers and seasoned investors alike.

The start of a new year is the perfect time to set a meaningful goal—especially when it comes to your property journey. Whether you’re just starting or looking to expand, having a clear and achievable goal can set you on the right path. Here’s one goal that can give you the motivation and focus you need to make 2025 the year you take control of your property future.

Set a Goal to Save for Your Deposit or Increase Your Equity

  • Why It’s Important: The first step to property ownership or expanding your portfolio is having the right amount of savings or equity behind you. Setting a clear target for your deposit or equity growth is an achievable goal that will get you moving in the right direction.
  • What to Do:
    • If you’re buying your first home, aim to save 20% of the property price to avoid paying mortgage insurance.
    • If you’re investing, focus on building equity in your existing properties so you can use it for your next purchase.
  • How It Helps: By setting a savings target, you create a clear roadmap that helps you stay focused and motivated. You’ll also know exactly what your next steps are, whether that’s opening a high-interest savings account, cutting back on expenses, or leveraging the equity in your current property.

How to Make It Happen

Achieving this goal might take time, but it’s entirely within reach if you break it down into smaller, manageable steps. Start by reviewing your current financial situation—what can you afford to save or invest in 2025? Work with a TMAP expert to build a savings strategy or equity plan that works for you.

If you’re focused on buying your first home, use TMAP’s resources to get pre-approval and understand the best time to enter the market. If you’re an investor, look for opportunities to increase the value of your current properties, so you can use that equity to fund your next purchase.

Stay Focused and Stay Inspired

By focusing on one goal—whether it’s saving for your first home or growing your investment portfolio—you can keep your property journey simple and achievable. Take small steps each day, and by the end of the year, you’ll be well on your way to achieving your property dreams.

TMAP is here to support you in setting and reaching your property goals. Let 2025 be the year you take that crucial first step towards securing your financial future. Ready to kickstart your property journey? Let’s make it happen!