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 an Australian citizen or permanent resident buying your first home (or you haven't owned property in Australia in the last 10 years)
  • You're looking for an owner-occupied  home
  • You don't have enough funds for a 20% deposit
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We handle the paperwork and negotiations, keeping you updated every step of the way to approval
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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, recognising this, have launched a number of schemes and initiatives that make it easier to get started, without the Bank of Mum & Dad. These include the Australian Government 5% Deposit Scheme (formerly the First Home Guarantee), which has no income caps and lets eligible buyers purchase with a 5% deposit (2% for single parents) without paying LMI, and Help to Buy, a shared equity scheme where the government contributes up to 40% of the price of a new home (30% for an existing home) and the minimum deposit is 2%. Full details are at firsthomebuyers.gov.au.

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, help you apply 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.

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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