🏠What is the 5% Deposit Scheme?
The Australian Government’s 5% Deposit Scheme helps eligible first home buyers enter the property market sooner by reducing the deposit needed to just 5% of the property’s value — without paying Lenders Mortgage Insurance (LMI).
For this home priced at $676,000, a 5% deposit is only $33,800.
Here’s how it works:
Buy your first home with a 5% deposit ($33,800)
The Government guarantees up to 15% of your loan
No LMI – saving you thousands
Available for eligible first home buyers on new or existing homes
👉 Learn more about the program here: Australian Government 5% Deposit Scheme
🏡Your New Home Awaits
Step into a modern, low-maintenance home in one of the fastest-growing communities in the west. Designed for comfort, convenience, and connection, this completed property is ready for you to move in today.
💰Property Overview & Weekly Holding Cost
Purchase Price: $676,000
Loan Type: Owner-Occupier (First Home Guarantee — 5% Deposit, No LMI)
Deposit Required: 5% = $33,800
Loan Amount: 95% = $642,200
Estimated Loan Details (as of October 2025):
Interest Rate: ~5.75% p.a. (after latest 0.25% RBA drop — owner-occupier variable)
Loan Term: 30 years
Repayment Type: Principal & Interest
Estimated Weekly Repayment:
At 5.75% interest, repayments on $642,200 over 30 years are roughly:
≈ $3,865 per month or ≈ $890 per week
Annual Outgoings:
Council Rates: $3,000 (approx.)
Upfront Costs (Estimated):
Deposit (5%): $33,800
Stamp Duty: $35,630.00
Conveyancing & Legal: $1,500–$2,000
Building & Pest / Misc.: $500–$1,000
Total Upfront (if exempt from Stamp Duty): ≈ $36,000
📈Why This Stands Out
- You’re owning a completed, high-quality home with as little as a $36K entry point.
- No Lenders Mortgage Insurance (LMI) — that’s a saving of around $20K–$25K.
- With interest rates trending down, your weekly repayments could reduce further in 2026.
- The property’s $500/week rental potential means even if it’s converted to an investment later, it’s cash-flow efficient compared to the deposit size.
Note: To keep the guarantee, you must meet ongoing obligations such as living in the property as an owner-occupier. If these aren't met, the guarantee may no longer apply, and your lender may require you to pay Lenders Mortgage Insurance or other additional costs. Talk to a participating lender to learn more.
💬Client Talking Point Example
“With the new 5% deposit scheme, you could secure this display-quality home for around $36,000 upfront + the 5% deposit and weekly repayments under $900. That’s less than many families are paying in rent—and you’d own the asset.”
📍Location & Connectivity
Perfectly positioned for everyday living, this address provides easy access to key destinations across the region.
Approximate drive times:
• ~35 minutes to the CBD (~36 km)
• ~25 minutes to the airport (~28 km)
• ~10 minutes to the nearest town centre (~6 km)
• ~15 minutes to a major retail hub (~9 km)
• ~10–12 minutes to the nearest train station (~8 km)
Shops, schools, transport links, and parks are all within a short drive — giving you the perfect mix of lifestyle and convenience.
🌳Community & Lifestyle
This peaceful, well-planned community is ideal for families and first home buyers, featuring:
Modern, stylish homes and quiet streets
Parks, playgrounds, and green open spaces
Easy access to retail and dining precincts
Quality schools and childcare options nearby
Strong infrastructure supporting future growth
It’s the ideal setting to build your future with confidence.
⭐Why This Home Stands Out
✔ Eligible for the 5% Government-Backed Deposit Scheme
🗝Make It Yours
With construction already complete, you can move straight in — no delays, no waiting.
Note: Stay tuned — an amazing investor opportunity will be released tomorrow (Friday)!
Our mission is to open doors to stronger financial futures.