A just-released First Home Loan Deposit Scheme (FHLDS) report has highlighted the key trends and insights from the initiative's first six months in operation spanning from January to June 2020.
The available settlement data from the National Housing Finance and Investment Corporation (NHFIC) indicates one in eight of all first home buyers (FHBs) accessed the scheme to purchase a home; according to analysis from the corporation, the scheme enabled FHBs without alternative financial means to bring forward their purchase by an average of four years.
First time buyers across age and income spectrum's around the country accessed the scheme, and we saw strong interest from buyers in outer metropolitan and regional areas.”
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