25/09/2025
π‘ Buying your first home? There are changes coming that could help. π‘
From 1 October 2025, the Australian Government 5% Deposit Scheme is making home ownership more achievable by helping you buy sooner with a small deposit, supported by a Government guarantee.
Here are the Scheme features:
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Low deposit options,
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No income caps,
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No Lenders Mortgage Insurance (LMI),
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Wide choice of home types,
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Unlimited spots and no waiting lists,
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Purchase a property up to the property price caps set by the Scheme for your location.
π© Want to discuss if the Scheme could be suitable for your situation? Get in touch with me today.
Note: Credit criteria, eligibility and T&Cβs apply. Subject to government conditions.