Sonam Capital’s Post

First home buyer scheme delivering results 🏠 About one in three first home buyers who purchased a property in the 2023-24 financial year used the federal government's Home Guarantee Scheme (HGS), according to a new report from Housing Australia. The #HGS lets eligible first home buyers – and previous buyers who haven’t owned a home for at least 10 years – enter the market with just a 5% deposit without having to pay lender's mortgage insurance. You must be an owner-occupier to participate. You can buy as an individual (if your annual income is under $125,000) or a couple (if your combined income is under $200,000). Other criteria also apply. For participants who lived in capital cities, the median income was $85,000 for single borrowers and $134,000 for joint borrowers, while their median purchase price was $482,000 and $624,000, respectively. For regional participants, the median income was $78,000 for singles and $126,000 for couples, while the median purchase price was $390,000 for singles and $520,000 for couples. #property #realestate #homeloans

First home buyer scheme delivering results About one in three first home buyers who purchased a property in the 2023-24 financial year used the federal government's Home Guarantee Scheme (HGS), according to a new report from Housing Australia. The HGS lets eligible first home buyers – and previous buyers who haven’t owned a home for at least 10 years – enter the market with just a 5% deposit without having to pay lender's mortgage insurance. You must be an owner-occupier to participate. You can buy as an individual (if your annual income is under $125,000) or a couple (if your combined income is under $200,000). Other criteria also apply. For participants who lived in capital cities, the median income was $85,000 for single borrowers and $134,000 for joint borrowers, while their median purchase price was $482,000 and $624,000, respectively. For regional participants, the median income was $78,000 for singles and $126,000 for couples, while the median purchase price was $390,000 for singles and $520,000 for couples. #property #realestate #homeloans

First home buyer scheme delivering results About one in three first home buyers who purchased a property in the 2023-24 financial year used the federal government's Home Guarantee Scheme (HGS), according to a new report from Housing Australia. The HGS lets eligible first home buyers – and previous buyers who haven’t owned a home for at least 10 years – enter the market with just a 5% deposit without having to pay lender's mortgage insurance. You must be an owner-occupier to participate. You can buy as an individual (if your annual income is under $125,000) or a couple (if your combined income is under $200,000). Other criteria also apply. For participants who lived in capital cities, the median income was $85,000 for single borrowers and $134,000 for joint borrowers, while their median purchase price was $482,000 and $624,000, respectively. For regional participants, the median income was $78,000 for singles and $126,000 for couples, while the median purchase price was $390,000 for singles and $520,000 for couples. #property #realestate #homeloans

First home buyer scheme delivering results About one in three first home buyers who purchased a property in the 2023-24 financial year used the federal government's Home Guarantee Scheme (HGS), according to a new report from Housing Australia. The HGS lets eligible first home buyers – and previous buyers who haven’t owned a home for at least 10 years – enter the market with just a 5% deposit without having to pay lender's mortgage insurance. You must be an owner-occupier to participate. You can buy as an individual (if your annual income is under $125,000) or a couple (if your combined income is under $200,000). Other criteria also apply. For participants who lived in capital cities, the median income was $85,000 for single borrowers and $134,000 for joint borrowers, while their median purchase price was $482,000 and $624,000, respectively. For regional participants, the median income was $78,000 for singles and $126,000 for couples, while the median purchase price was $390,000 for singles and $520,000 for couples. #property #realestate #homeloans

First home buyer scheme delivering results About one in three first home buyers who purchased a property in the 2023-24 financial year used the federal government's Home Guarantee Scheme (HGS), according to a new report from Housing Australia. The HGS lets eligible first home buyers – and previous buyers who haven’t owned a home for at least 10 years – enter the market with just a 5% deposit without having to pay lender's mortgage insurance. You must be an owner-occupier to participate. You can buy as an individual (if your annual income is under $125,000) or a couple (if your combined income is under $200,000). Other criteria also apply. For participants who lived in capital cities, the median income was $85,000 for single borrowers and $134,000 for joint borrowers, while their median purchase price was $482,000 and $624,000, respectively. For regional participants, the median income was $78,000 for singles and $126,000 for couples, while the median purchase price was $390,000 for singles and $520,000 for couples. #property #realestate #homeloans #therentalspecialists

First home buyer scheme delivering results About one in three first home buyers who purchased a property in the 2023-24 financial year used the federal government's Home Guarantee Scheme (HGS), according to a new report from Housing Australia. The HGS lets eligible first home buyers – and previous buyers who haven’t owned a home for at least 10 years – enter the market with just a 5% deposit without having to pay lender's mortgage insurance. You must be an owner-occupier to participate. You can buy as an individual (if your annual income is under $125,000) or a couple (if your combined income is under $200,000). Other criteria also apply. For participants who lived in capital cities, the median income was $85,000 for single borrowers and $134,000 for joint borrowers, while their median purchase price was $482,000 and $624,000, respectively. For regional participants, the median income was $78,000 for singles and $126,000 for couples, while the median purchase price was $390,000 for singles and $520,000 for couples. #property #realestate #homeloans #therentalspecialists

First home buyer scheme delivering results About one in three first home buyers who purchased a property in the 2023-24 financial year used the federal government's Home Guarantee Scheme (HGS), according to a new report from Housing Australia. The HGS lets eligible first home buyers – and previous buyers who haven’t owned a home for at least 10 years – enter the market with just a 5% deposit without having to pay lender's mortgage insurance. You must be an owner-occupier to participate. You can buy as an individual (if your annual income is under $125,000) or a couple (if your combined income is under $200,000). Other criteria also apply. For participants who lived in capital cities, the median income was $85,000 for single borrowers and $134,000 for joint borrowers, while their median purchase price was $482,000 and $624,000, respectively. For regional participants, the median income was $78,000 for singles and $126,000 for couples, while the median purchase price was $390,000 for singles and $520,000 for couples. #firsthomebuyer #homeloans #mortgagebroker #mortgageadvice #proeprty #realestate

First home buyer scheme delivering results About one in three first home buyers who purchased a property in the 2023-24 financial year used the federal government's Home Guarantee Scheme (HGS), according to a new report from Housing Australia. The HGS lets eligible first home buyers – and previous buyers who haven’t owned a home for at least 10 years – enter the market with just a 5% deposit without having to pay lender's mortgage insurance. You must be an owner-occupier to participate. You can buy as an individual (if your annual income is under $125,000) or a couple (if your combined income is under $200,000). Other criteria also apply. For participants who lived in capital cities, the median income was $85,000 for single borrowers and $134,000 for joint borrowers, while their median purchase price was $482,000 and $624,000, respectively. For regional participants, the median income was $78,000 for singles and $126,000 for couples, while the median purchase price was $390,000 for singles and $520,000 for couples. #property #realestate #homeloans

First home buyer scheme delivering results About one in three first home buyers who purchased a property in the 2023-24 financial year used the federal government's Home Guarantee Scheme (HGS), according to a new report from Housing Australia. The HGS lets eligible first home buyers – and previous buyers who haven’t owned a home for at least 10 years – enter the market with just a 5% deposit without having to pay lender's mortgage insurance. You must be an owner-occupier to participate. You can buy as an individual (if your annual income is under $125,000) or a couple (if your combined income is under $200,000). Other criteria also apply. For participants who lived in capital cities, the median income was $85,000 for single borrowers and $134,000 for joint borrowers, while their median purchase price was $482,000 and $624,000, respectively. For regional participants, the median income was $78,000 for singles and $126,000 for couples, while the median purchase price was $390,000 for singles and $520,000 for couples. #property #realestate #homeloans

First home buyer scheme delivering results About one in three first home buyers who purchased a property in the 2023-24 financial year used the federal government's Home Guarantee Scheme (HGS), according to a new report from Housing Australia. The HGS lets eligible first home buyers – and previous buyers who haven’t owned a home for at least 10 years – enter the market with just a 5% deposit without having to pay lender's mortgage insurance. You must be an owner-occupier to participate. You can buy as an individual (if your annual income is under $125,000) or a couple (if your combined income is under $200,000). Other criteria also apply. For participants who lived in capital cities, the median income was $85,000 for single borrowers and $134,000 for joint borrowers, while their median purchase price was $482,000 and $624,000, respectively. For regional participants, the median income was $78,000 for singles and $126,000 for couples, while the median purchase price was $390,000 for singles and $520,000 for couples. #property #realestate #homeloans