More young buyers set to benefit from expanded low-deposit scheme
01/08/2025
Saving a 20% deposit is one of the biggest barriers to home ownership – especially for young buyers and renters living in capital cities. But there’s good news: the federal government has just released 50,000 new places under the Home Guarantee Scheme for the 2025-26 financial year.
This program allows eligible buyers to purchase a home with as little as a 5% deposit (or 2% for single parents), without needing to pay Lenders Mortgage Insurance, potentially reducing their upfront costs by tens of thousands of dollars.
The newly released places include:
This could be your chance to fast-track your move from renting to owning – even if you haven’t reached that 20% deposit milestone yet.
The scheme has already helped over 230,000 Australians step into the market. If you’re keen to explore whether you qualify, reach out and We can help you understand the criteria and get started with the process.
