[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/truthgroup.com.au\/2025\/09\/10\/the-new-5-deposit-scheme-in-australia-starting-1-october-2025\/#BlogPosting","mainEntityOfPage":"https:\/\/truthgroup.com.au\/2025\/09\/10\/the-new-5-deposit-scheme-in-australia-starting-1-october-2025\/","headline":"The New 5% Deposit Scheme in Australia \u2013 Starting 1 October 2025","name":"The New 5% Deposit Scheme in Australia \u2013 Starting 1 October 2025","description":"The New 5% Deposit Scheme Australia 2025 Explained | Truth Group Mortgage Broker &amp; Buyer\u2019s Agent Watch this video on YouTube. Buying your first home in Australia just got a little easier. From 1 October 2025, the government\u2019s new 5% Deposit Scheme will officially launch, making it possible for first-home buyers to get into the ... <a title=\"The New 5% Deposit Scheme in Australia \u2013 Starting 1 October 2025\" class=\"read-more\" href=\"https:\/\/truthgroup.com.au\/2025\/09\/10\/the-new-5-deposit-scheme-in-australia-starting-1-october-2025\/\" aria-label=\"Read more about The New 5% Deposit Scheme in Australia \u2013 Starting 1 October 2025\">Read more<\/a>","datePublished":"2025-09-10","dateModified":"2025-10-12","author":{"@type":"Person","@id":"https:\/\/truthgroup.com.au\/author\/nicholasparpistruthpropertycomau\/#Person","name":"Nicholas Parpis","url":"https:\/\/truthgroup.com.au\/author\/nicholasparpistruthpropertycomau\/","identifier":216551164,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/f6058d552df68dbaf53120d13f9e89fc9834e3e1ba22039065b40df84bd9df29?s=96&d=identicon&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f6058d552df68dbaf53120d13f9e89fc9834e3e1ba22039065b40df84bd9df29?s=96&d=identicon&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Truth Group Pty Ltd","logo":{"@type":"ImageObject","@id":"https:\/\/truthgroup.com.au\/wp-content\/uploads\/2026\/02\/TRUTH-GROUP-2.png","url":"https:\/\/truthgroup.com.au\/wp-content\/uploads\/2026\/02\/TRUTH-GROUP-2.png","width":512,"height":200}},"image":{"@type":"ImageObject","@id":"https:\/\/truthgroup.com.au\/wp-content\/uploads\/2025\/09\/no-text.png","url":"https:\/\/truthgroup.com.au\/wp-content\/uploads\/2025\/09\/no-text.png","height":768,"width":1024},"url":"https:\/\/truthgroup.com.au\/2025\/09\/10\/the-new-5-deposit-scheme-in-australia-starting-1-october-2025\/","video":{"@context":"http:\/\/schema.org\/","@type":"VideoObject","@id":"https:\/\/www.youtube.com\/watch?v=CzpXfk9I-SQ#VideoObject","contentUrl":"https:\/\/www.youtube.com\/watch?v=CzpXfk9I-SQ","name":"The New 5% Deposit Scheme Australia 2025 Explained | Truth Group Mortgage Broker & Buyer\u2019s Agent","description":"The new 5% Deposit Scheme in Australia starts on 1 October 2025 \u2014 and it\u2019s set to change the game for first-home buyers.\nIn this video, Nick from Truth Group explains:\n\u2705 How the 5% deposit scheme works\n\u2705 Who is eligible (no income caps or quotas)\n\u2705 New property price caps in Sydney, Melbourne, Brisbane & beyond\n\u2705 How much you can save on Lenders Mortgage Insurance (up to $42,000)\n\u2705 The risks to consider before applying\nAs a mortgage broker and buyer\u2019s agent, I help first-home buyers and property investors with mortgage planning, loan approvals, and property search. If you\u2019re thinking about buying your first home under the new scheme, I can guide you through the process and help you find the right strategy.\n\ud83d\udc49 Contact me at Truth Group to get started on your home buying journey: https:\/\/truthgroup.com.au\n________________________________________\nTimestamps:\n00:00 \u2013 Intro: What is the 5% Deposit Scheme?\n01:05 \u2013 Who can apply from October 2025\n02:10 \u2013 Updated property price caps\n03:05 \u2013 Benefits: Saving on LMI & deposit time\n04:15 \u2013 Risks to watch out for\n05:20 \u2013 How Truth Group can help you\n________________________________________\n\n5% deposit scheme Australia 2025, first home buyers Australia, Lenders Mortgage Insurance savings, mortgage planning Sydney, buyer\u2019s agent Sydney, Truth Group mortgage broker\n________________________________________\n\n#5PercentDeposit #firsthomebuyeraustralia  #mortgagebrokeraustralia  #buyersagentsydney  #TruthGroup #sydneyproperty  #mortgageplanning  #australianproperty  #homeloanaustralia  #propertyinvestmentaustralia","thumbnailUrl":["https:\/\/i.ytimg.com\/vi\/CzpXfk9I-SQ\/default.jpg","https:\/\/i.ytimg.com\/vi\/CzpXfk9I-SQ\/mqdefault.jpg","https:\/\/i.ytimg.com\/vi\/CzpXfk9I-SQ\/hqdefault.jpg","https:\/\/i.ytimg.com\/vi\/CzpXfk9I-SQ\/sddefault.jpg","https:\/\/i.ytimg.com\/vi\/CzpXfk9I-SQ\/maxresdefault.jpg"],"uploadDate":"2025-09-10T03:26:30+00:00","duration":"PT1M54S","embedUrl":"https:\/\/www.youtube.com\/embed\/CzpXfk9I-SQ","publisher":{"@type":"Organization","@id":"https:\/\/www.youtube.com\/channel\/UCl_CSrwS5ltS8cuq5VYEvxg#Organization","url":"https:\/\/www.youtube.com\/channel\/UCl_CSrwS5ltS8cuq5VYEvxg","name":"Truth Group Pty Ltd","description":"Welcome to Truth Group \u2014 where buying property and securing finance becomes simple, strategic, and stress-free.\nI\u2019m Niko, a licensed Buyers Agent and Mortgage Broker based in Sydney, here to help everyday Aussies make smarter property decisions.\n\nWhether you're buying your first home, investing, or need loan guidance, I break it down in clear, straight-talking videos.\n\nI help clients secure:\n\u2022 Established homes in high-growth areas\n\u2022 House and land packages\n\u2022 Commercial and mixed-use properties\n\u2022 Pre-approvals, refinance options & smart loan structures\n\nOn this channel, I share weekly tips on:\n\u2022 Buying strategies from a Sydney Buyers Agent\n\u2022 Mortgage planning & boosting borrowing power\n\u2022 Using a solid asset base to build wealth\n\u2022 Credit score & lender insights\n\n\ud83d\udccd Based in Hoxton Park \u2013 helping clients Australia-wide\n\ud83c\udf10 truthgroup.com.au | \ud83d\udcf1 Truth Group Pty Ltd on Facebook, LinkedIn & Google\nSubscribe now and let\u2019s get started.\n","logo":{"url":"https:\/\/yt3.ggpht.com\/0bYn-LN7lEmJEamUfHfCt1zo5YuZUz08PlGjcEoFWbe7cpd28E-tKPat4p5bIvQ5OfzsVXoPpXo=s800-c-k-c0x00ffffff-no-rj","width":800,"height":800,"@type":"ImageObject","@id":"https:\/\/www.youtube.com\/watch?v=CzpXfk9I-SQ#VideoObject_publisher_logo_ImageObject"}},"potentialAction":{"@type":"SeekToAction","@id":"https:\/\/www.youtube.com\/watch?v=CzpXfk9I-SQ#VideoObject_potentialAction","target":"https:\/\/www.youtube.com\/watch?v=CzpXfk9I-SQ&t={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"},"interactionStatistic":[[{"@type":"InteractionCounter","@id":"https:\/\/www.youtube.com\/watch?v=CzpXfk9I-SQ#VideoObject_interactionStatistic_WatchAction","interactionType":{"@type":"WatchAction"},"userInteractionCount":19}]]},"about":["Latest Post"],"wordCount":554,"keywords":["Buyers Agents South West Sydney","First Home &amp; Next Home Buyers","Home and land packages","House and land packages","House and land packages QLD","mortgage broker","mortgage brokering","mortgage makeover","mortgage planner","mortgagebrokeraustralia","mortgagebrokersydney","mortgagebrokertips","Property investing"],"articleBody":"The New 5% Deposit Scheme Australia 2025 Explained | Truth Group Mortgage Broker &amp; Buyer\u2019s Agent Watch this video on YouTube..wp-block-kadence-advancedheading.kt-adv-heading34715_a2a0e9-7b, .wp-block-kadence-advancedheading.kt-adv-heading34715_a2a0e9-7b[data-kb-block=\"kb-adv-heading34715_a2a0e9-7b\"]{font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading34715_a2a0e9-7b mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading34715_a2a0e9-7b[data-kb-block=\"kb-adv-heading34715_a2a0e9-7b\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading34715_a2a0e9-7b img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading34715_a2a0e9-7b[data-kb-block=\"kb-adv-heading34715_a2a0e9-7b\"] img.kb-inline-image{width:150px;vertical-align:baseline;}Buying your first home in Australia just got a little easier. From 1 October 2025, the government\u2019s new 5% Deposit Scheme will officially launch, making it possible for first-home buyers to get into the market sooner with a smaller deposit.As the director of Truth Group, I work with clients every day to plan their mortgage and property journey. Here\u2019s what the scheme means for you, and how I can help you take advantage of it.What is the 5% Deposit Scheme?Under the scheme, first-home buyers can purchase a property with as little as 5% deposit, while the government guarantees the remaining 15% of the loan. This means you won\u2019t need to pay Lenders Mortgage Insurance (LMI), which can often cost tens of thousands of dollars.At Truth Group, I can help you:Check if you\u2019re eligible for the schemeCompare lenders who are participatingStructure your loan so you save on interest and feesWho Can Apply?This scheme is more flexible than previous versions:No income caps \u2013 all first-home buyers are eligibleNo annual quotas \u2013 places are unlimitedNo postcode restrictions \u2013 applies across metro and regional areasI guide my clients through the application process to ensure all paperwork is correct and lenders have the confidence to approve their loan.Updated Property Price CapsThe new caps mean buyers can now consider a wider range of homes:Sydney \u2013 up to $1.5 millionMelbourne \u2013 up to $950,000Brisbane \u2013 up to $1 million(Other states and regions have also seen increases)If you\u2019re unsure how these limits apply to you, I can help shortlist properties that fit your budget and strategy.Benefits of the SchemeWith the right planning, the 5% Deposit Scheme could help you:Save $25,000\u2013$42,000 in LMI costsCut 6\u201310 years off saving time for a depositEnter the property market sooner and start building equityAs a mortgage broker, I make sure you get the most competitive loan available. As a buyer\u2019s agent, I also help you find, assess, and negotiate the right property \u2014 not just any property.Risks to ConsiderWhile the scheme has clear advantages, you should also think about:Market competition \u2013 more buyers may drive up pricesRepayments \u2013 a smaller deposit means a larger loan balanceServicing rules \u2013 lenders still assess your income and expensesThat\u2019s why I always run detailed mortgage planning sessions with my clients before they commit.How Truth Group Can Help YouAt Truth Group, I offer a unique combination of services:Mortgage planning \u2013 to get your loan approved on the best termsBuyer\u2019s agent support \u2013 to help you search, shortlist, and purchase the right propertyProperty investment guidance \u2013 to build a long-term strategy, not just a one-off purchaseThis way, you don\u2019t just buy a home \u2014 you make a confident step toward financial security.Final ThoughtsThe 5% Deposit Scheme is a major opportunity for first-home buyers starting 1 October 2025, but it\u2019s not a one-size-fits-all solution. The right guidance can make all the difference between simply buying a property and building a smart financial future.\ud83d\udc49 If you\u2019re thinking about using this scheme, contact me at Truth Group. I\u2019ll help you plan your mortgage, navigate the scheme, and secure the right home or investment property."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"2025","item":"https:\/\/truthgroup.com.au\/2025\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"09","item":"https:\/\/truthgroup.com.au\/2025\/\/09\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"10","item":"https:\/\/truthgroup.com.au\/2025\/\/09\/\/10\/#breadcrumbitem"},{"@type":"ListItem","position":4,"name":"The New 5% Deposit Scheme in Australia \u2013 Starting 1 October 2025","item":"https:\/\/truthgroup.com.au\/2025\/09\/10\/the-new-5-deposit-scheme-in-australia-starting-1-october-2025\/#breadcrumbitem"}]}]