Help Buying A Home For The First Time May 2026

A shared equity program where the government contributes up to 40% for new builds or 30% for existing homes . You only need a 2% deposit, but you will share future capital gains with the government.

You can use voluntary super contributions (up to $50,000) to save for your deposit more tax-effectively than a standard savings account. 3. Budget for the "Hidden" Costs help buying a home for the first time

Here is a step-by-step guide to navigating your first purchase, from saving that first dollar to picking up the keys. A shared equity program where the government contributes

The Australian Government 5% Deposit Scheme now has unlimited places and has removed income caps, allowing you to buy with just a 5% deposit while the government guarantees the rest. help buying a home for the first time

Cancel unused subscriptions and reduce discretionary spending like frequent dining out.