Newbie to the property world here. I am a single 26 year old wanting to get my foot in the property door and it's fair to say that my knowledge in this area is very limited in terms of where and how to start the process. I am wanting to take advantage of QLD's First Home Owner's grant valued at $20,000 while it lasts, and I am aware that I must be either buying/building a brand new home. I have been considering areas such as North Brisbane, Gold Coast area with a budget of no more than 500k. Is there a 'comfortable' deposit amount that I should aim for? Is it possible to invest in property on a single income? Also what tips do you have up your sleeve? Do you know of any property developers who are rockstars for first home owners? Any help on this would be greatly appreciated!