Australia’s housing is shifting, and from 1 October 2025, first home buyers will have access to the expanded Home Guarantee Scheme; three months earlier than planned!
This update is a game-changer for those ready to take their first step into the property market.
What’s Changing?
✅ Unlimited places – no more caps on how many first home buyers can access the scheme.
✅ No income limits – high earners are now eligible.
✅ Higher property price caps – making it easier to buy in suburbs where values have risen.
This means first home buyers can secure a property with as little as a 5% deposit while avoiding lender’s mortgage insurance (LMI), saving tens of thousands of dollars upfront.
Why It Matters
The scheme was originally set for January 2026. By bringing it forward to October, the government has effectively created a rush for properties that qualify.
With supply already tight and buyer demand strong, prices in many suburbs are likely to keep climbing.
For those who act quickly, the benefits are twofold:
Enter the market sooner, before competition pushes values higher.
Save more upfront with a 5% deposit and no LMI.
How Better Way 2 Build Helps
At Better Way 2 Build, we specialise in guiding first home buyers through the entire build journey:
- Securing the right block of land.
- Matching you with vetted builders and fixed-price packages.
- Managing approvals, timelines, and inclusions so there are no nasty surprises.
- Ensuring your home not only qualifies under the scheme but also delivers long-term value.
The expanded scheme isn’t just a policy update; it’s a signal that the market is about to heat up again!
If you’ve been sitting on the fence, now’s the time to explore your options.
📞 Contact us today to find out how you can leverage the 5% deposit scheme and secure your first home before the October rush.
