Applications now open for the Australian Government Help to Buy Scheme

Under Help to Buy, the Government contributes up to 40% of the purchase price for new homes and 30% for existing homes, reducing upfront costs by easing the deposit and mortgage burden for home buyers.

The Scheme is administered by Housing Australia, with property price caps tailored to each state and territory. Initially, applications can be made through Commonwealth Bank of Australia and Bank Australia, with more lenders joining in 2026. 

Over the next 4 years, Help to Buy will assist up to 40,000 households. Opening applications is an exciting step forward, giving more Australians, especially essential workers, single parents, first home buyers and families, the opportunity to own a home.

Housing Australia is proud to deliver the Scheme on behalf of the Australian Government and encourages eligible buyers to explore how Help to Buy can make a real difference.

For more information about the Australian Government Help to Buy Scheme, including eligibility and how to apply, visit firsthomebuyers.gov.au