What homes are eligible for OwnHome?

Most move-in ready homes on the market are eligible for OwnHome.

Most move-in ready homes on the market are eligible for OwnHome. But there are also some specific eligibility criteria. The purpose of these criteria is to protect you and your family.

Valuation

  • We can’t buy homes with valuations above $2.5m

Type of home

  • Terraces, free-standing houses, apartments, townhouses and more are great for OwnHome
  • Studios or 1 bedroom apartments aren’t eligible
  • Off-plan purchases aren’t eligible
  • We cannot support land-only purchases

Size of the home

  • Homes must be a minimum of 50 m2 (the good news is that we’re yet to find a home or apartment smaller than 50m2).
  • There is an acreage restriction of up to 2 acres of land

Condition of the home

We want your home to be in great condition before you move in. When home shopping, there are a few warning signs that a home may not be in the best condition and wouldn't pass OwnHome’s inspection. Look out for some tell-tale warning signs on the listing:

  • ‘Renovation Required’ or ‘Renovator’s Delight’
  • ‘Sold As-Is’
  • ‘Fixer-Upper’ or ‘Tear-Down and Rebuild’
  • Not Habitable

As always, if you have a question reach out to the OwnHome team.