The boost to the First Home Owner Grant has already been deemed a huge success, having been credited by property analysts for salvaging demand, confidence, and even encouraged some price growth on the lower end.
 
But there are many potential homebuyers who have been still waiting on the sidelines, unsure about whether to jump and buy a property or not. There's still some time for them to jump in, however, but it's limited.
 
The boost to the grant won't last forever. Kit Kadlec explains why buying now as a first homebuyer could save you money in the long run.