The Australian Government First Home Buyers Deposit Scheme will give a limited number of first home buyers a wonderful opportunity to get into the property market with only a 5% deposit. The focus of this scheme is to assist first home buyers to purchase a modest first home.

In Launceston the maximum purchase price of the property is $300,000 and there are limitations based on income.

10,000 guarantees are available across the country so you need to get in quickly.