1,500 properties bought through Australia's first home buyers' 5% deposit scheme are now investments
The Guardian · August 5, 2026Original source ↗
What happened
New data indicates that the federal government's 5% deposit scheme for first home buyers has facilitated the purchase of nearly 1,500 properties that have subsequently been converted into investment properties. The scheme is being utilized by some individuals with high incomes, as the government's restrictions on high-income borrowers were lifted.
Why it matters
This development highlights the impact of government housing initiatives on the broader real estate market.
How this story affects people
How does this story affect you if you rent your home?
The conversion of these properties into investment units could reduce the availability of homes for rent, potentially driving up rental prices.
How does this story affect you if you are a homeowner?
Homeowners may see an increase in property values due to higher demand from investors, but they could also face more competition if these investment properties enter the rental market.
How does this story affect you if you are an investor?
This development may present opportunities for investors to purchase properties in a competitive market, but it also indicates that more properties are being converted to investment status, which could affect rental yields.
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