@katiethemortgagebroker: But what does a $1m purchase price with a 5% deposit actually look like 👀 Well it depends on your income and your lifestyle. For some $1218 per week (plus bills) is managable, but for most, it looks a little stressful. Changes to the first home guarantee scheme will help a lot of people get into the market, but it will also help push prices up in the market too. What do you think, is a 5% deposit on a $1m purchase price worth it? #firsthomeguaranteescheme #firsthomebuyer #mortgagebroker #fyp

katiethebroker
katiethebroker
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Wednesday 27 August 2025 06:53:13 GMT
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joshpayne006
Joshpayne00 :
The issue isn’t the deposit. It’s the serviceability of the loan. It’s a nice shiny headline for the government, but the reality is that nothing changes for 99% of buyers.
2025-08-27 17:05:41
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katiethemortgagebroker
katiethebroker :
I’m speaking to a lot of buyers that it changes things for! But I still don’t think it’s the relief the government are flogging on the news 🥲
2025-08-27 20:29:19
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nev.aeh33_
️Nevaeh :
My family bought in deception bay end of last year for a 3 bed 1 bath (one of the old 2 story houses) for 600k so the further you go out the more affordable it is
2025-08-27 11:07:53
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