25/08/2025
Attention First Home Buyers – Game-Changing Scheme Updates Are Here! 🏡
We are excited to share some major updates to the First Home Buyer Scheme that could fast-track your journey to home ownership—starting 1 October 2025!
Here’s what’s new:
🔹 Just 5% Deposit Required Buy your first home with as little as 5% down—no need for a 20% deposit and no Lenders Mortgage Insurance. The government guarantees the rest!
🔹 No Income or Place Caps The scheme is now uncapped, meaning more buyers qualify—regardless of income or location. Singles, couples, professionals—this is open to you!
🔹 Higher Property Price Limits Updated caps reflect today’s market:
· Melbourne: up to $950,000
· Sydney: up to $1.5 million
· Brisbane: up to $1 million
🔹 Save Time & Thousands This could shave up to 10 years off your savings timeline and save you tens of thousands in rent and insurance costs. A $1M home now only needs a $50K deposit!
🔹 More Lender Options The scheme is expanding to include more banks—including regional and customer-owned lenders—giving you more choice and flexibility.
📣 What This Means for You If you’ve been holding off on buying your first home, now’s the time to act. These changes make it easier, faster, and more affordable to get into the market.
📞 Let’s Chat Want to know if you qualify or how to get started? Contact us today – Ben – 0423044641 / [email protected] or Craig - 0412316176 / [email protected] and let’s explore your options. We can guide you through the process and help you find the right lender and loan for your needs.