The First Home Buyer Cap Has Increased Across Australia. Here's What You Can Buy

Big changes are coming for first homebuyers. Here's what it means for Canberra

Discover the new Home Guarantee Scheme for first homebuyers: higher property price caps and 5 per cent deposit options.

Julian Finch: Changes to first home scheme likely to trigger violent property price rises

Julian Finch is warning that the property market is about to explode thanks to the Government's decision to fast-track changes to its first home owner scheme.  The Federal Government has announced it will bring forward major changes to the First Home Guarantee Scheme to 1 October, giving more Australians access to government-backed support for entering the property market.  The changes include the removal of income caps, previously $125,000 for …

Get in quick: First-home buyer changes to set off price surge, but how much is the question

The changes will open doors for first-home buyers, but for how long? Photo: Michelle Kroll. The Federal Government’s extended first-home buyers scheme is likely to provide a small window of opportunity before it pushes many properties past the $1 million price cap in Canberra or beyond people’s budgets. The Home Guarantee Scheme’s new 5 per cent deposit and removal of the requirement for lender’s mortgage insurance have been welcomed by the prop…

More Buyers, Less Affordability: Has Canberra Just Lit a Fire Under the Property Market?

Rates are easing. Buyer and seller confidence is rising. Auction clearance rates are humming. And now, the Federal Government has decided to throw...