You’ve signed the contract. Settlement day has come and gone. You’re officially a homeowner (congrats!). But now what? If you're like most first-home buyers in Australia, the question isn't just "where’s the champagne?", it’s "what should I focus on next during the early weeks of home ownership?".
Here’s a short and sharp checklist for navigating those early weeks after buying your first home, from setting up your mortgage to avoiding surprise bills.
1. Arranging Utility Connections
Nothing kills the moving-day vibe like arriving to a house with no power or internet. Before the big day, arrange your electricity, gas, water, and internet to be connected the moment you move in. Many providers allow scheduling online, just make sure it’s under your name and starts from settlement day.
2. Insure Your Home (If You Haven’t Already)
Many lenders require building insurance to be in place from settlement, but even if they don’t, it’s smart to be covered. Look for policies that include building insurance at a minimum; you can add contents insurance once you’ve moved your stuff in.
3. Set Up Your Mortgage for Success
Now that you’re paying a home loan, it’s time to get strategic. Set up direct debits to avoid missing repayments and ask your lender about features such as offset accounts and how they operate, noting that benefits vary depending on how they are used. Some borrowers review their loan features or structure over time, depending on their circumstances.
4. Start a Maintenance Plan
Home ownership = responsibility. That means clearing gutters, checking smoke alarms, and keeping an eye on things like plumbing and roofing. Addressing issues early can help maintain the condition of your home over time. A simple spreadsheet or seasonal checklist can keep you on track, and protect your investment.
5. Update Your Address and Services
Don’t forget to update your address with the ATO, banks, Medicare, driver’s licence, subscriptions, and any online shopping sites. Australia Post also offers a mail redirection service, which some homeowners find helpful during the transition.
One Step at a Time
If this all sounds like a lot, take a breath. You don’t have to get everything done in one day. The trick is having a clear plan and ticking things off steadily. With a little structure, moving into your new home can feel exciting, not exhausting.
Looking for more guidance as you settle in? Download the free First Home Buyer e-book. It’s packed with practical tools for this exact moment, including a moving-in checklist, mortgage tips, home maintenance schedule, and guidance on how to manage your loan (or even upgrade in the future). A guide designed to support you across key stages of the home-buying journey.
