Help Is Coming For First Home Buyers – Lock In Your Home Buying Coach Today
- Lilly Mackay
- Dec 1
- 3 min read
Australian Government’s Help to Buy Scheme to make home ownership more achievable with shared equity.
10,000 places available each year, Help to Buy is helping thousands of Australians make the step into home ownership.
MyFirstHome.com.au Home Buying Coaches can help take the frustration out of the process.
Following today’s announcement of the new Help to Buy Scheme, aspiring first-home buyers are set to receive a major helping hand from the Australian Government. The scheme officially opens for applications on the 5th of December 2025.
To help Australians make the most of the scheme and work through the process, Oliver Hume Property Group has introduced MyFirstHome.com.au, a comprehensive platform designed specifically to support first home buyers in navigating the complexities of the property market.
MyFirstHome.com.au provides access to dedicated Home Buyer Coaches, who will guide buyers through every step of the process, from building a deposit to exploring eligible properties and applying for government grants such as Help to Buy.
The Federal Government’s initiative will support up to 10,000 households nationwide per year, making home ownership a reality for more Australians.
Under the scheme, the Federal Government will contribute up to 40% of the purchase price for new homes and 30% for existing homes, dramatically reducing the upfront costs of buying a first home. Buyers will only need a minimum 2% deposit, and Lenders Mortgage Insurance (LMI) will be removed, significantly easing financial barriers for eligible applicants.
Eligibility criteria will include income thresholds, Australian citizenship or permanent residency, and being a first home buyer who does not currently own property. The shared equity model means the Government will share in the ownership of the home proportionate to its contribution, with buyers able to increase their share over time.
What are the benefits of the Help to Buy Scheme?
The Help to Buy Scheme has many benefits.
Lower deposit than the 5% Deposit Scheme
Lower serviceability requirements than the 5% Deposit Scheme
Lower serviceability requirement = lower income needed to reach loan serviceability requirements
Empowering Buyers Through Guidance and Support
“MyFirstHome.com.au is dedicated to getting people into real homes,” said Adam Duster, Director, Oliver Hume Housing Solutions.
“The Help to Buy scheme is a great opportunity for many to get into their first home, and we’re here to provide assistance in the process with support that’s personal, practical, and proven to work."
“Buying your first home should be an exciting and empowering milestone, not an overwhelming one."
“With the Federal Government’s new Help to Buy Scheme and the right expert guidance, many Australians who thought home ownership was out of reach will finally have a pathway to make it happen.”
MyFirstHome.com.au partners with MyFirstLoan.au – connecting users with expert guidance and tailored financing solutions — even for those overlooked by the big four banks.
The MyFirstLoan.au platform simplifies every step of the process, helping users to:
Unlock clever savings strategies to build a deposit faster
Navigate government grants and first-home buyer schemes with confidence
Understand loan types and access independent mortgage advice
The MyFirstHome.com.au platform simplifies every step of the process, helping users to:
Browse a curated list of first-home-friendly properties, from trendy apartments to cosy suburban houses and
Connect with Oliver Hume’s trusted network of professionals including developers, brokers and property advisors.
With home ownership rates falling - down from 70% in 1981 to 67% in 2021 (OECD) - and housing affordability pressures at record highs, initiatives like Help to Buy offer genuine hope for first home buyers struggling to break into the market.
“MyFirstHome.com.au exists to change the conversation,” Mr Duster added. “We’re providing the tools, knowledge, and one-on-one support that first home buyers need to seize opportunities like this from the Australian Government.”
To learn more or book a discovery call with a Home Buyer Coach, visit
www.MyFirstHome.com.au or call 1300 310 115.
ENDS
Media enquiries:
Ben Ready
RGC Media Mktng
0415 743 838
Mitchy Koper
0417 771 778
