01/10/2025
First Home Buyers - From today 1 October, the following changes come into effect:
‼️ No place limits: all Australian first home buyers who have saved a 5% deposit can apply.
‼️ No income caps: first home buyers with higher incomes can access the scheme.
‼️ Higher property price caps: Perth price cap rises from $600,000 to $850,000
The government has launched a new hub for all information on Commonwealth home buyer support: https://firsthomebuyers.gov.au/
Get in touch to see how this would change your home buying options.