The first home loan deposit scheme commenced 1st of January. It is a leg-up over the deposit hurdle for first home buyers struggling to accumulate a sizeable deposit, providing eligible Australians the opportunity to buy their first home with a deposit as low as 5% of the purchase price. Good news but there is a limit. Eliza Owen has the story.
Highlights from this week:
- Water will play a big part in property values this year – Shannon Davis
- Thresholds too high for FHBs – Eliza Owen
- Where NOT to sell- Kevin Young
- What we learnt from 2019 – Simon Pressley