Episode Details
Back to EpisodesNOVAK NEWS - BIGGEST SHAKE-UP FOR FIRST HOME BUYERS IN YEARS! OCT 1ST BRINGS LOWER BARRIERS AND HIGHER CHANCES
Season 52
Published 4 months, 2 weeks ago
Description
🚨 The BIGGEST shake-up for first-home buyers in history starts 1 October 🚨
Here’s what’s changing:
✔️ Buy with just 5% deposit (no LMI)
✔️ No income caps — even couples earning $250k+ can qualify
✔️ Price caps lifted to $1.5m in Sydney 🏡
✔️ Simpler, national scheme — easier to access
💡 Example: A $1.5m property = $75k deposit. That’s it.
This is game-changing for buyers on the Northern Beaches (and across Sydney) where entry-level apartments & homes sit right around these new limits.
📲 Talk to your broker now — pre-approvals are already blowing out.
#FirstHomeBuyer #SydneyProperty #NorthernBeachesLiving #RealEstateTips