Big news for First Home Buyers!
From 1 October 2025, the Home Guarantee Scheme is getting a major upgrade – and it’s going to make stepping onto the property ladder a whole lot easier.
✅ Unlimited places – no more missing out because the cap is full
✅ No income caps – higher earners can now apply too
✅ Higher property price caps – recognising the reality of today’s market (hello, Sydney & Melbourne!)
✅ Simpler regional access – one easy scheme nationwide
This means you could buy your first home with just a 5% deposit and avoid paying Lenders Mortgage Insurance (LMI). 🙌
For example:
🏡 Sydney price cap jumps from $900k → $1.5M
🏡 Brisbane price cap jumps from $700k → $1M
🏡 Melbourne price cap jumps from $800k → $950k
The scheme is available through over 30 lenders, including the majors, regionals and customer-owned banks.
👉 If you’re dreaming about buying your first home, now’s the time to start planning. These changes kick in 1 October 2025, but we can help you map out your options today.
📲 Reach out to us at Greg Hearn Financial Solutions – let’s get you home sooner.
