If you’ve been dreaming of owning a new home, now could be the perfect time to make it happen.  

The Australian Government has launched a new Help to Buy initiative which could boost your savings, strengthen your deposit, and maximise your borrowing power, enabling you to buy sooner than you thought. 

For many homebuyers, saving a deposit can be the hardest part of the journey. The good news? That hurdle just got a whole lot smaller.  

Under the scheme, homebuyers can purchase with a 2% deposit with the government contributing up to 40% (for newly built homes) of the purchase price as part of the shared equity in the property.  

If you’re considering buying a home or townhouse within a YourLand community, Help to Buy might make it possible much sooner than you expected. Instead of waiting years to save a large deposit and secure a loan, you could enter the property market with just a 2% deposit and still get into a home that matches your needs and budget. 

For eligible buyers who don’t currently own a home, this scheme provides a genuine pathway to entering the property market. 

Because the scheme supports newly built homes, townhouses or vacant land (for building), it works very well with YourLand communities, as we have both vacant land and townhouse offerings, as well as house and land packages through our builder network. 

At YourLand, we understand that buying a home can be equal parts exciting and overwhelming. Our communities across Melbourne are designed with homebuyers in mind, offering great locations, thoughtful design and homes that balance affordability with lifestyle. With the scheme now available, your path to ownership could be closer and more affordable than you think. 

Read more on the Help to Buy scheme here.  

If you would like more information on finance, reach out to YourLand’s mortgage broking service, Ello Lending Co. Specialists in off-the-plan loans, with access to competitive rates, their personalised service makes it easy to find the perfect loan for your needs. 

You can visit their website to find out more here: Ello Lending Company