Government schemes

Access government incentives and support programs designed to help Australians enter the property market.
Government-backed loan options, focused on accessibility and deposit constraints.
If this sounds like you:
  • You're a first home buyer with Australian citizenship or PR
  • You're looking for an owner-occupied  home
  • You don't have enough funds for a 20% deposit
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Overview

Feeling out of the Aussie dream? You're not alone. The housing market is tougher than ever for first home buyers, with deposit requirements outstripping income growth. Many first time buyers find themselves turning to family for help.

The Australian federal government and several state governments, recogising this, have launched a number schemes and initiatives that make it easier to get started - without the Bank of Mum & Dad. These initiatives create new low-deposit pathways to homeownership, and don't require LMI.

Our team of first home buyer specialists can help you understand your eligibility for these schemes, whether they're the right fit for you, and if they are - get you approved for a loan.

Loan options

First Home Guarantee Scheme

Australian Federal Government scheme allowing eligible first home buyers to purchase with as little as 5% deposit without paying LMI.
See guide

Regional First Home Guarantee Scheme

Similar to the First Home Guarantee Scheme, but specific to regional parts of Australia. Includes major regional metros, such as Geelong, Sunshine Coast, Gold Coast, Newcastle, Wollongong, and more.
See guide

Family Home Guarantee Scheme

Allows single parents and guardians to buy with a deposit of as little as 2% and LMI.
See guide

Help to Buy

An upcoming scheme where eligible home buyers can buy with as little as a 2% deposit, and enter a shared equity agreement with the government, expected to launch in late 2025.
See guide

State government schemes

There are specific state government schemes, typically designed to help first home buyers, or disadvantaged communities, with the deposit hurdle. These include Keystart (WA) and HomeStart (SA). Different types of loans and eligibility criteria exist under these schemes.
See guide

There are also additional government programs designed to help first home buyers, such as the First Home Super Saver Scheme, First Home Owner Grant, stamp duty concessions, and more.

As of 14 April 2025, in anticipation of the upcoming May 2025 Australian Federal election, both Labor and the Liberal Party have announced additional polices to assist first home buyers.

Our team is happy to discuss any of these options for you to put your best foot forward and get onto the property ladder - we stay on top of the latest developments so you don't have to.

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