In this Australian Property Podcast episode, your hosts Pete Wargent of Allen Wargent Property Buyers and Gemma Mitchell from Rask discuss whether first homebuyers should use the 5% deposit scheme.
Here’s what they cover:
- Criteria for qualifying for the new scheme
- The new property price caps
- Getting the right loan
- Managing cashflows
- Retaining a buffer
- The benefits of using the 5% deposit scheme
- The risk and the drawbacks
- And their summary thoughts and tips.



