Your first homeA clearer path to your first home

FIRST HOME BUYERS · AUSTRALIA

Good income. Not enough deposit?

Rent, everyday costs and tax can leave little room to save—even when you earn a good income. Start by understanding your options.

Explore my next steps

Understand the options. Plan your next move.

01 / THE DEPOSIT SQUEEZE

Why the deposit can feel out of reach

  1. 01

    Income comes in

    Your salary is the starting point—not the amount you can save.

  2. 02

    Life takes its share

    Income tax, rent, bills and existing repayments reduce what is left.

  3. 03

    Your deposit grows slowly

    What remains must cover savings, unexpected expenses and your everyday buffer.

Tax on savings interest

Bank interest generally forms part of your taxable income. The tax payable depends on your circumstances.

30% minimum CGT: from 1 July 2027

A legislated minimum 30% tax applies to relevant capital gains under rules commencing 1 July 2027. It is not a tax on your deposit balance. Transitional rules and exemptions matter; seek tax advice before selling investments.

Tax information checked 28 October 2026. ATO: interest income · CGT legislation. Tax outcomes depend on your circumstances.

02 / LOOK BEYOND THE DEPOSIT

Could up to 106% home finance be an option?

Some lending structures may combine purchase funding and eligible costs, with additional security or a guarantor. Whether a particular lender can fund up to 106% of the purchase price must be confirmed for your circumstances.

Product availability and a 106% lending limit have not been verified for this page. This is an option to discuss, not an offer or approval. Income alone does not establish eligibility. Lender assessment, valuation, acceptable security, credit history, expenses and debts all matter.

ALSO WORTH EXPLORING

A smaller deposit.
A different pathway.

Eligible buyers may be able to use the Australian Government 5% Deposit Scheme through a participating lender. Eligibility, property price caps and lender approval apply. The guarantee protects the lender; it does not pay your deposit or remove your obligation to repay.

Explore the government scheme

03 / YOUR NEXT STEP

Get home-loan ready.

Bring your income, expenses, savings and debts into one clear picture. A lending professional can help you understand what may be realistic and what to work on next.

For this initial pilot, Inception Insights is accepting expressions of interest from up to 10 qualified first-home buyers. An expression of interest does not guarantee participation, finance approval or a property allocation.
  • Income & employment
  • Savings & purchase costs
  • Expenses & existing debts
Explore my next steps

A readiness conversation does not guarantee approval.

Terms & important information

Understand the risks before proceeding.

Borrowing more increases repayments, interest costs and the risk of owing more than your home is worth. A guarantor may have to repay the guaranteed debt and could lose property used as security. Independent legal and financial advice is important.

General information only, not personal financial, tax or legal advice, a credit assessment, pre-approval or an offer of credit. Lending criteria, fees, charges and terms apply. Home ownership involves ongoing costs and property values can fall. Consider independent advice and your ability to meet repayments if rates or circumstances change.