Most lenders in Australia require a deposit of 5% to 20% of the property’s purchase price. In real terms, that could mean anywhere from $25,000 to $200,000 or more, depending on what you’re buying and where. That’s the standard answer. But one important detail often...
The federal government has introduced changes to the First Home Guarantee Scheme, where eligible first-home buyers can get a government guarantee for their home loan deposit. These updates allow buyers to purchase their first home with a 5% deposit and no Lenders...
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