With a 5% deposit as an option for all buyers here in Australia it’s easier than ever to get on the housing ladder.
What’s the median minimum to get into the market. Includes solicitor and stamp duty (can be waived) LMI can also be waived or paid monthly with specialist lenders.
NSW
$1,500,000 house - $145,000
$750,000 apartment - $71,000
QLD
$880,000 house - $77,500
$495,000 apartment - $40,000
VIC
$920,000 house - $107,000
$610,000 apartment - $68,000
WA
$700,000 house - $67,500
$400,000 apartment - $38,500
To find out your borrowing power and eligibility for first home schemes or specialist lending reach out via phone by booking an appointment in the comments
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