HGS

Home Guarantee Scheme

The federal umbrella programme covering the First Home Buyer Guarantee, Regional FHBG and Family Home Guarantee.

The Home Guarantee Scheme is run by Housing Australia and bundles three separate low-deposit schemes: the First Home Buyer Guarantee (5% deposit), the Regional First Home Buyer Guarantee (regional-area version), and the Family Home Guarantee (2% deposit for single parents and eligible single legal guardians). Each has its own income caps, property price caps and place quotas per financial year.