Massive Changes to First Home Buyer Scheme: What You Need to Know Before October

Wealth Coffee Chats
29/08/2025 9 min Episodio 896
Massive Changes to First Home Buyer Scheme: What You Need to Know Before October

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Episode Synopsis

Big news for first home buyers! In this Friday Finance edition of Wealth Coffee Chats, we break down the major changes to the 5% Deposit Scheme—effective from 1 October. With income caps removed, place limits scrapped, and property price thresholds raised, getting into your first home just got easier. But what does this mean for future price growth, mortgage conditions, and long-term strategy? We cover all the key takeaways you need to know.

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