First-Home Buyer Guide: What You Need to Know in 2025

Buying your first home is exciting and overwhelming. With rates shifting and lender rules tightening, going in prepared makes all the difference.

Here’s what first home buyers need to know in 2025:

Deposit Expectations

Most lenders still want 10–20%, however low-deposit options exist:

• 5% deposit: First Home Guarantee Scheme (limited spots)

• $0 deposit: With guarantor support

Tip: Aim for an emergency buffer, lenders like seeing financial discipline.

Government Support

Check your eligibility for:

• First Home Guarantee

• Family Home Guarantee (single parents)

• State stamp duty concessions

• First Home Super Saver Scheme (FHSSS)

Pre-Approval Checklist

To boost your chances:

• Stable employment (6–12 months history ideal)

• Good savings record

• Clean credit (afterpay & late bills matter!)

• Genuine deposit funds

What We Help With

We match you with brokers who prepare your application, and explain each step, in plain English.