The Australian Government is making home ownership more achievable for more people with new and expanded programs that make it easier to get started.

 

Australian Government 5% Deposit Scheme​

Buy your first home with a minimum 5% deposit and backing from the Australian Government. No income caps, no waitlists and no Lenders Mortgage Insurance means lower upfront costs and you could own your own home sooner.

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Australian Government Help to Buy Scheme

The Australian Government Help to Buy Scheme is a new initiative designed to support more Australians to buy a home. 

If you’ve saved what you can but are still a little short of being able to buy a home that meets your needs, Help to Buy may be able to bridge the gap.

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As a first home buyer you may also be eligible for state specific schemes and grants, such as:

• Transfer duty concessions/exemptions

• Grants for purchasing brand new properties

It is essential to partner with an experienced first home buyer mortgage broker like Discovery to ensure you are getting the most suitable solution.