How 1-in-10 first home buyers cracked the market 4 years sooner



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Almost 33,000 Australians bought their first home four years sooner thanks to two federal government schemes that give first home buyers a leg up into the property market. Could you, or someone you know, be eligible.


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<p><strong>Almost 33,000 Australians bought their first home four years sooner thanks to two federal government schemes that give first home buyers a leg up into the property market. Could you, or someone you know, be eligible?</strong>&nbsp;We love a feel-good news story around here. And hearing that so many first home buyers got a leg up into the property market much sooner than they ever dreamed makes us feel pretty warm and fuzzy. This week the federal government released&nbsp;figures&nbsp;on the popular First Home Loan Deposit Scheme (FHLDS) and New Home Guarantee (NHG) initiatives. The data showed that the two initiatives supported 1-in-10 first-time homeowners during the 2020-21 financial year. And on average, the schemes allowed those first home buyers to bring forward their home purchases by four (FHLDS) to 4.5 years (NHG).</p>


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