First Home Loan Deposit Scheme

Commencing January 1, 2020 is the Federal Government’s First Home Loan Deposit Scheme. It creates the opportunity for first home buyers to purchase property with a minimum of 5% deposit saved without incurring lender mortgage insurance (saving of up to $15,000). If acquiring a new property, purchasers may also be entitled to stamp duty concessions (up to $15,000) and State Government grants up to $15,000.

This is a tremendous opportunity for First Home Buyers to get access in up to $45,000 of savings. 20-20 Property Advisory is uniquely placed to help first home buyers select the right asset/s, and to navigate all aspects of the acquisition. Our goal is to ensure the property you buy will increase in value and become the corner-stone to your property portfolio.

First Home Buyers we assisted in NSW in 2009 [the last time such significant savings/incentives were offered], made up to $400,000 capital gain on the homes/investments that we selected for them.

Please note this scheme is limited in applicants each year and will likely be fully subscribed early in 2020. Applications are opening 1 January 2020 so it’s important to get in quick and be ready to act. For further details on the First Home Deposit Scheme visit the NHFIC website at