Make Your Move: One in Every Ten Homes Now Being Bought With Just a 5% Deposit

If you're a first home buyer looking to get into the market, this could be your opportunity to buy sooner — even if you haven’t saved a 20% deposit.

📊 Key Numbers First Home Buyers Should Know

• Around 57,000 homes were sold in October 2025

• 5,778 of these were purchased using the 5% deposit guarantee

• That’s a 48% increase in scheme usage compared to the same time last year

• Almost half of all approvals went to buyers who were previously ineligible under the old rules

• Property prices rose 1.1% in October and 6.1% over the last 12 months, yet the scheme has only contributed an estimated 0.6% to prices over six years

• The government expects 70,000 buyers to benefit from the scheme within the first year of the expansion

These numbers confirm what we are seeing every day at Mortgage Matrix — the biggest difference for first home buyers is not the market, it’s the deposit hurdle.
This scheme changes that.

✅ What Is the 5% Deposit Guarantee?

The First Home Guarantee allows eligible first home buyers to purchase a property with just a 5% deposit, without paying LMI, which can save you anywhere from $8,000 to $30,000+ depending on the property price.

✔ Government-backed guarantee
✔ 5% deposit instead of 20%
✔ No LMI
✔ Applies to both houses and units (price caps apply)

🏡 Who Can Use the 5% Deposit Scheme?

You may be eligible if you:

• Have at least 5% genuine savings

• Are a first home buyer (or haven't owned property in the last 10 years under new rules)

• Are buying a home within the price caps for your region

• Will live in the property as your residence

• Meet income limits (individual or joint application)

Not sure if you qualify? We can check it for you in under 5 minutes.

💡 Why You Don’t Need to Wait for a 20% Deposit

A common myth we hear from first home buyers is:

“I’ll start looking when I’ve saved more.”

But in 2025, the real risk is waiting while property prices keep rising.
Buyers who used the scheme last year are already hundreds of dollars per month better off compared to renting — and many now have equity to refinance or renovate.

The sooner you enter the market, the sooner you benefit from capital growth, not just rising rents.

🧭 How Mortgage Matrix Helps First Home Buyers

At Mortgage Matrix, we specialise in guiding first home buyers through the entire process, including:

🔹 Eligibility checks for the 5% deposit scheme
🔹 Borrowing capacity calculation
🔹 Comparing banks and interest rates
🔹 Explaining stamp duty concessions & government grants
🔹 Pre-approval and application support
🔹 Ongoing home loan reviews every six months

Unlike a bank, we work for you — not the lender.

📍 Ready to Find Out If You Qualify?

You don’t need perfect savings.
You just need the right strategy, the right structure, and the right broker.

✅ Check your borrowing power
✅ Confirm your eligibility for the 5% deposit scheme
✅ Get your next steps mapped out — obligation-free

👉 Start here: www.mortgagematrix.com.au/apply
(or book a free call through our online portal)

Your first home is closer than you think — and we’d love to help you get there.