If you're planning to buy your first home in Australia, it's worth understanding how lenders assess your application before you start house hunting. Your income is important, but lenders also consider your existing debts, living expenses, credit history, savings and employment stability.
I recently came across a helpful Melbourne First Home Buyer Guide that explains the process in a clear and practical way:
Guide for First Home Buyers
What was the biggest challenge you faced when applying for your first home loan?