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Our rental (we rent) house is being sold and we have to move but I want to buy.

This is more a rant if anything. Myself (30F) and my partner (32M) are renting. Our Real Estate agent has just phoned and said that the owner is going to put the house on for sale in the market and that hopefully it will be purchased by investors and we can continue to live here. I Wanted to purchase our first home at the end of this year as currently, I have 40K in savings and my partner has 18k(AUD).

I am so disheartened because anywhere in my state really has property that is just super inflated prices and I can’t even get a first home owners grant because it will be over 700,000. We need a minimum a freestanding house garage (for his cars) and largeish yard for our dogs. We are willing to move away, but seven hours away is just as expensive 😵‍💫

Is there any hope of us purchasing a house that is around 600/700 with what we have? Both work full time. I’m on 90K my partner on 65K.

submitted by /u/Al1ssa1992
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source https://www.reddit.com/r/RealEstate/comments/tm045f/our_rental_we_rent_house_is_being_sold_and_we/
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