From 1 October 2025, the Australian Government’s Home Guarantee Scheme will expand, helping more Australians buy their first home with a deposit as low as 5%.
Previously limited by income and location, the updated scheme - now known as the 5% Deposit Scheme - removes place limits, income caps, and increases property price thresholds – making it more accessible than ever.
What’s changing from 1 October 2025?
No place limits: all Australian first home buyers who have saved a 5% deposit can apply.
No income caps: first home buyers with higher incomes can access the scheme.
Higher property price caps: to help home buyers where property prices have increased.
Simpler access in regional areas: Regional First Home Buyer Guarantee will be replaced by the 5% Deposit Scheme.
This means first-time buyers can enter the market even faster, without paying costly lender’s mortgage insurance. And the good news is that the 5% Deposit Scheme can be paired with state-based incentives such as the $10K First Home Owner Grant in Victoria.
How we can help
Our Breakthrough collection is designed for first-home buyers, offering:
Homes from under $230K (or less if you’re eligible for the First Home Owner Grant)
Build-ready in 12 weeks
7-star energy efficiency
Interior design consultation or curated colour schemes
Transparent pricing and generous inclusions
Plus, we’ve partnered with Mortgage Domayne, Melbourne-based construction loan experts, to guide you through financing, pre-approvals, and accessing grants like:
First Home Owner Grant ($10,000)
Stamp duty exemptions
5% Deposit Scheme