Our Trends and Insights 2024-25
Housing Australia has released its 6th annual *Home Guarantee Scheme (HGS) Trends & Insights Report, covering data on the First Home Guarantee (FHBG), Family Home Guarantee (FHG) and Regional First Home Buyer Guarantee (RFHBG) for 2024-25.
*On 1 October 2025, the Home Guarantee Scheme was renamed the Australian Government 5% Deposit Scheme. All home buyer case studies, reports and publications published prior to this date will reference the Home Guarantee Scheme. However, these references can now be read as references to the Australian Government 5% Deposit Scheme.
About the Scheme
The purpose of the Home Guarantee Scheme (the Scheme) is to help eligible homebuyers access the housing market sooner.
Under the Scheme, part of an eligible homebuyers home loan from a Participating Lender is guaranteed by the Commonwealth through Housing Australia. This allows homebuyers to purchase a property with a deposit of between 2% to 5% of the property purchase price (depending on which guarantee they obtain) without paying Lenders Mortgage Insurance (LMI).
Key highlights
Since Scheme inception in January 2020, the Scheme has supported over 230,000 Australians into home ownership, including:
- 45,000+ key workers such as teachers, nurses, and emergency service personnel
- 79,000+ regional buyers
- 5,000+ single women with dependents
- As of 30 June 2025, over 34,000 households—or 1 in 5 participants—had successfully transitioned out of the Scheme.
- The Scheme has also supported the construction of new homes, contributing to housing supply.
2024–25 Scheme highlights:
- Over 1 in 3 first homebuyers nationally were supported by the Scheme
- 92% of available places were taken up
- 61,281 homebuyers supported
- 20,376 Australians in regional areas supported
- 12,040 key workers supported—representing 28% of all guarantees issued
- 3,900+ households purchased a newly built home.
Read the full report
Download here
Previous Reports
Read our previous year's Trends and Insight Reports.
Case studies
James, a mortgage broker by profession, was well aware of the challenges first home buyers face - and of the opportunity the Australian Government 5% Deposit Scheme could provide.
When Gail, her husband and their young son migrated from South Africa to Australia for a fresh start, home ownership felt out of reach.
Brooke, a single mother from Victoria, had rented the same home for 20 years, raising her family there. When the owners decided to sell, her lease was terminated, leaving her facing uncertainty about her housing future.