Big News for First Home Buyers:
5% Deposit Scheme Expanded
Yes, you’ve all heard the news by now… from 1 October 2025, first home buyers will be able to jump into the market with just a 5% deposit and no costly Lenders Mortgage Insurance (LMI). The Government has fast-tracked the expanded First Home Guarantee Scheme, which was originally due to start in January 2026.
It’s a game-changer — but only if you know how to move quickly.
What’s Changing?
The key updates to the scheme include:
Unlimited places – no lottery, no missing out (unless you wait too long).- No income caps – higher income earners, you’re in.
- Higher property price caps – in Sydney, homes up to $1.5 million are eligible.
- Simplified access – metro and regional rolled into one.
For the official details:What This Means for You
First Home Buyers: Finally, you can get in with a 5% deposit and save thousands in LMI.
Vendors: Expect more competition for your property as buyers flood the market.
Investors & Landlords: Buyer demand + rental competition = stronger growth potential.
How BBA Gives You the Edge
Here’s the thing — when the doors swing open, the race is on. Everyone will be chasing the same properties. That’s where we come in.
At BBA Property Advocates, we make sure our clients are two steps ahead of the crowd by:
Unlocking exclusive off-market and pre-market properties you won’t find online
Moving fast — from inspections to due diligence, we cut the lag so you don’t miss out
Strategically negotiating so you don’t just buy any home, you buy the right home at the right price
⚡ The scheme is big news — but without the right strategy, it could just mean more competition.
👉 Let’s get you ahead of the pack. Book a Discovery Call today and be ready to move when the scheme kicks in.
Rhoda Barsalli
Founder & Senior Buyers Agent – BBA Property Advocates