Property News

High-quality, sophisticated image depicting the housing affordability crisis and demand pressures in Australia, relevant to real estate insights.

💰 First Home Guarantee Expansion: Opportunity or Risk?

The federal government is fast-tracking its First Home Guarantee scheme, allowing buyers to purchase with a 5% deposit and no lenders mortgage insurance. Income caps are gone, and property limits have jumped to $1.5m in Sydney, $950k in Melbourne, and $1m in Brisbane. While this offers broader access, Rodney McLoughlin highlights a critical risk: without more housing supply, buyer demand could drive...

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