With house prices rising across Australia, many buyers are asking:
How much deposit do I need to buy a house in 2025?
Whether you're a first home buyer or upgrading your current property, understanding deposit requirements is key to entering the market confidently — and sooner. At
Gardian Finance in Mackay, we're here to make it simple.
🏠 Current House Price Trends in Australia
In 2025, property prices continue to rise steadily in many regions — including high-growth areas like Mackay. Factors such as low housing supply, population growth, and stable employment are keeping demand strong.
What does that mean for buyers? You may need to plan smarter — but opportunities still exist if you know your options.
💰 How Much Deposit Do You Need?
✅ Standard Deposit: 20% of the Purchase Price
Traditionally, lenders prefer a 20% deposit. For a $600,000 home, that’s $120,000. This avoids Lenders Mortgage Insurance (LMI) and usually gives you access to more competitive rates.
But don’t stress — you don’t always need that much to get started.
🧾 Buying a Home With Less Than 20% Deposit
At Gardian Finance, we help many clients secure a home loan with as little as 5% or 10% deposit.
Example:
5% deposit on a $500,000 property = $25,000
LMI may apply but can often be added to the loan
Some government schemes allow low-deposit buyers to skip LMI entirely
🏡 Government Schemes for Low-Deposit Buyers
In 2025, there are several options to help reduce your deposit burden:
First Home Guarantee: Buy with just 5% deposit, no LMI (eligibility applies)
Regional First Home Buyer Guarantee: Tailored to areas like Mackay
First Home Super Saver Scheme: Use voluntary super contributions for your deposit
Stamp Duty Concessions: Available in some states for eligible buyers
We'll help you navigate what you qualify for.
🔍 Other Costs to Consider
In addition to your deposit, remember to budget for:
Stamp duty (varies by state)
Legal and conveyancing fees
Building & pest inspections
Moving costs and initial home setup
💡 Gardian Finance Tip: Know Your Borrowing Power
📲Use our
borrowing power calculator to estimate what a lender may offer you — and how your deposit impacts your purchase price.
👋 How Gardian Finance Can Help
We don’t just find you a loan — we create a home ownership plan tailored to you.
Our team helps you:
Understand your budget and house price range
Determine the deposit you need — and how to boost it
Compare low-deposit home loan options
Access government grants and schemes
Get pre-approved with confidence
Ready to Take the Next Step?
Whether you're almost there or just starting to save, speaking with a local expert can make all the difference. At Gardian Finance, we’re with you at every step — from first deposit to first inspection.
📲(07) 49532799
📍73 Wood St, Mackay
