From 1 October 2025, the Federal Government is making it easier than ever for first home buyers to enter the market. Under the expanded First Home Guarantee, eligible buyers in Victoria can secure their first home with as little as a 5% deposit – without the added cost of Lenders’ Mortgage Insurance.

For buyers in regional Victoria, this applies to purchases up to $650,000. With higher price caps and no income limits, more buyers than ever will be able to take advantage of this initiative.

Its never been a better time for first home buyers to enter the market and secure a home!