First Home Buyers' Options Almost Double Under Scheme Expansion, Data Shows

Lifting caps from first home buyer scheme will help some but fuel wider price rise

The federal government will expand its Home Guarantee Scheme in October, lifting income and property caps to give first-time buyers greater access, but it will also fast-track price rises, a new analysis has found.

First home buyers' options almost double under scheme expansion, data shows

The Home Guarantee Scheme expansion will see income limits withdrawn and property price thresholds increased from October 1.

Triple the choice: First home buyers scheme set to skyrocket

The number of suburbs with houses eligible for the Federal Government’s First Home Guarantee will nearly triple in October.

The first home guarantee is changing. Where and what will you now be able to buy?

First homebuyers in Launceston can now explore more areas as the home guarantee scheme increases property cap limits and removes annual restrictions.

Why government help may be setting up first-home buyers for failure

The Albanese government’s Home Guarantee Scheme, which helps people buy homes using smaller deposits, is becoming even more generous from October, but does it help people into the property market or set them up for failure? The government’s first home guarantee allows first-home buyers to purchase with a 5 per cent deposit instead of the 20 per cent that lenders usually demand. And if you are a single parent, then you only need a 2 per cent depo…