The Federal Government has announced that the expanded 5% deposit Home Guarantee Scheme will now start on 1 October 2025 - three months earlier than planned. This means no income caps, no limit on places, and higher property price caps across the country.

But what does this mean for you as a buyer? And could this actually fuel house price growth just as the spring property market ramps up?

In this episode, Evelyn breaks down:

• ✅ The exact changes from October 1 (price caps, unlimited places, 5% deposit, no LMI).

• ✅ How this could impact house prices in the short vs the long term.

• ✅ An action plan for First Home Buyers to be “Oct-1 ready.”

• ✅ Myths and risks you must understand before diving in.

This is your need-to-know guide to getting ahead of the rush.

🔗 Resources & Links

• Government announcement (ABC): Click here

• Housing Australia – new price caps by state: Click here

• PBO costing on expanded scheme: Click here

• Discovery Call with Everlend (20 mins): Book here

  
  

🎧 Related Episodes to Catch Up On

• Borrowing vs Purchase Capacity (30 Jul)

• Buy First or Sell First? (6 Aug)

• Finance File – FHB Solo at 95% No LMI (26 Jun)

  
  

Disclaimer: This episode provides general information only. It does not take into account your personal objectives, financial situation, or needs. Always seek personalised advice from a qualified mortgage broker, financial advise, or tax professional before acting.

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