Saving up a 20% deposit to buy your first home can seem like an uphill battle, especially with today’s fluctuating property market. As you save, property prices keep climbing, making that 20% target a moving goal.
Luckily, the Australian government offers several grants and support programs to help first-time buyers get into the property market more easily. One of the most beneficial programs is the First Home Guarantee (formerly the First Home Loan Deposit Scheme).