Living next to a golf course sounds like a dream to many Australians. The idea of stepping outside your door to a green expanse, serene views, and maybe even a cheeky round of golf now and then — it's appealing, right?

But is it the right move for a first home buyer in Australia?

Peace, Prestige and Price

For first home buyers, location is everything. A home on or near a golf course often comes with a price tag that reflects its prestige. These homes may cost more than those in standard residential areas, but that doesn't always mean they're out of reach.

In fact, if you find a development that's newly built or still growing, you might score a good deal compared to more established suburbs. You also get the lifestyle perks without being too far from essential services or transport.

Things to Consider Before You Buy

Noise and Privacy

Yes, golf courses are generally quiet. But remember, you're not the only one enjoying the view. People are walking, chatting, sometimes shouting "fore" right outside your window. Consider how close the property is to tees, fairways and greens.

Maintenance and Body Corporate

Some golf estate communities have shared facilities and common areas. This could mean ongoing maintenance fees or being part of a body corporate. While this helps keep things clean and orderly, it’s an extra cost to budget for.

Ask yourself: Are you happy to pay for amenities you might not use every day?

Safety from Golf Balls

You may laugh, but this one’s real. Houses along fairways or near certain holes can be hit by wayward balls. It’s rare but worth asking the real estate agent or residents about.

Is It a Good Investment?

Properties near golf courses generally hold their value well. The combination of scenic views, lower density, and prestige gives them long term appeal. However, resale can depend on local demand and how well the golf course itself is maintained over the years.

If the golf course shuts down or is rezoned, that dream view could disappear. Always check the zoning and future development plans with the council.

Financing a Golf Course Home

As a first home buyer in Australia, you might be eligible for certain grants or incentives. That could make a home on a golf course more accessible than you think.

Before jumping in, speak to a mortgage broker who specialises in first home loans. They can guide you through your options and help you understand what you can afford. You can get more info here.