Side-by-side comparisons of every major Australian first home buyer scheme. TL;DR answer up top, full decision matrix, stacking rules, and FAQs. Pick the scheme that fits your situation in under 5 minutes.
COMPARISON · 2026-05-21
Choose the 5% Deposit Scheme if you have a 5% deposit, want 100% ownership of your home, and earn above the $100K single / $160K couple Help to Buy cap (or expect to). Choose Help to Buy if your depos…
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COMPARISON · 2026-05-21
If you are a single parent or single legal guardian with at least one dependent child, the Family Home Guarantee is almost always the better choice — it requires only a 2% deposit (vs 5% for the 5% De…
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COMPARISON · 2026-05-21
You should use BOTH where eligible. FHOG is a one-off state cash grant ($10K-$50K depending on state) that applies only at the point of buying a new build — you get it once. FHSSS is a tax-advantaged …
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COMPARISON · 2026-05-21
Keystart is the lower-deposit option (2% vs 5%) but charges a meaningfully higher interest rate (~7.60% vs ~6.15-6.55% on big-four bank rates as of May 2026). For most WA buyers who CAN save 5%, the 5…
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