First Home Guarantee scheme changes

From 1st October 2025, the First Home Guarantee scheme gets a major upgrade.

No more caps on the number of places, higher property price limits, and income limits removed. If you have a 5% deposit, there’s never been a better time to be a first-home buyer.

What’s changing from 1 October 2025?

• No place limits: all Australian first home buyers who have saved a 5% deposit can apply.

• No income caps: first home buyers with higher incomes can access the Scheme.

• Higher property price caps: to help home buyers where property prices have increased.

• Simpler access in regional areas: Regional First Home Buyer Guarantee will be replaced by the First Home Guarantee.

For now only a limited number of lenders participate in the scheme. Complete Home Loans has a local mortgage broker that can help you compare these participating lenders.

For more information please read Housing Australia’s press release here