Domain's Chief of Research and Economics, Dr. Nicola Powell joined Jason Matthews to detail the massive expansion of the First Home Guarantee, which now has unlimited places and allows buyers into the Brisbane market with just a 5% deposit for properties up to $1 million. 

However, Dr. Powell cautions that this demand-side scheme doesn't change mortgage serviceability rules and will likely elevate property prices.

Domain's Chief of Research and Economics, Dr. Nicola Powell joined Jason Matthews to detail the massive expansion of the First Home Guarantee, which now has unlimited places and allows buyers into the Brisbane market with just a 5% deposit for properties up to $1 million. 
However, Dr. Powell cautions that this&nbsp;demand-side scheme doesn't change mortgage serviceability rules and will likely elevate property prices.

4BC Drive, live every weekday afternoon. With the latest news, 4BC will keep you updated on your drive home.

4BC Drive, live every weekday afternoon. With the latest news, 4BC will keep you updated on your drive home.

4BC Drive with Gary Hardgrave

The one major benefit and multiple hidden dangers of buying a Brisbane home with a 5% deposit

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/a04d2cc1-4ba3-4287-a1dc-b36800804238/transcript