How will the Australian Real Estate Market be affected by the Government's New Housing Scheme for First Home Buyers?
The expanded 5 % deposit scheme for first home buyers in Australia will officially kick in on 1 January 2026.
Go Invest Smart reveals the new first-home buyer scheme - no more income limits, regional restrictions, or yearly caps .
Lenders Mortgage Insurance (LMI) will be covered by the government guarantee (up to 15 % of the property value), so buyers with a 5 % deposit won’t have to pay LMI.
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