Australian Government 5% Deposit Scheme

Eligible first-home buyers may purchase with a minimum 5% deposit. Eligible single parents or legal guardians may qualify with a minimum 2% deposit. No income caps, waitlists or LMI apply.

The home must be owner-occupied, property price caps apply and finance must be obtained through a participating lender.

Help to Buy

A minimum 2% deposit, with an Australian Government contribution of up to 30% for an existing home or 40% for a new home.

This is a shared-equity arrangement. Income limits, property caps, citizenship and owner-occupier requirements apply.

First Home Super Saver Scheme

Eligible voluntary super contributions can be released to help purchase or build a first home. The current contribution limit is $15,000 per financial year and $50,000 in total.

A determination and release request must be made through the ATO. Contribution and superannuation rules apply.

First Home Owner Grant

A one-off state or territory grant for eligible first-home buyers.

Amounts, property types, price thresholds and residency requirements differ between jurisdictions.

Transfer duty concessions

Eligible buyers may receive a transfer duty exemption, concession or rebate.

Availability and property-value thresholds depend on the state or territory.

Specialist home ownership support

DHOAS provides eligible ADF members and veterans with home loan subsidy support. IBA also provides home-finance pathways for eligible Aboriginal and Torres Strait Islander customers.

Separate eligibility, lender and occupancy requirements apply.