Buying your first home is more achievable than ever — but only if you know which government incentives you can access. In 2025, several first home buyer schemes across Australia are designed to help you get into the market sooner with smaller deposits, fewer fees, and less financial pressure.

The First Home Guarantee Scheme

This initiative allows eligible buyers to purchase with as little as a 5% deposit without paying Lenders Mortgage Insurance (LMI). The government guarantees up to 15% of the loan, making it easier to qualify and saving you thousands upfront. This scheme applies to both new and existing homes and is limited to a certain number of placements each financial year.

The Regional First Home Buyer Guarantee

If you’re looking to buy outside capital cities, this program helps regional Australians purchase with a minimum 5% deposit. It’s an incredible way to support local buyers and strengthen regional communities — especially in high-demand areas.

The First Home Super Saver Scheme

This one allows you to save your deposit through superannuation, taking advantage of lower tax rates and faster growth potential. You can withdraw up to $50,000 of eligible contributions, making this an ideal option for disciplined savers.

State-Level Incentives

Each state and territory offers its own grants and concessions — like stamp duty discounts or the First Home Owner Grant (FHOG). These vary widely, so it’s crucial to check local eligibility criteria or speak with a broker who understands them all.

Putting It All Together

The right combination of schemes can save you tens of thousands. The challenge lies in coordinating eligibility, timing, and lender participation — that’s where a mortgage broker’s expertise becomes invaluable.

Steps from here?
Unsure which schemes you qualify for? Don’t risk missing out on major savings. Contact Chase today for a tailored assessment and step-by-step help securing every incentive you’re eligible for.