Deposits and Government Schemes Explained

How Much Deposit Do You Really Need?

What to Do After Saving Your Deposit

Rentvesting and First Home Buyer Grants

How Long Can You Own or Rent Before Paying?

Buying Land with the 5% Deposit Scheme

When Should You Meet a Mortgage Broker?

Can you rent out your first home without losing your grant? How does the six-year exemption for capital gains tax really work? How much deposit is actually enough? And can you even use the 5% scheme to buy hectares of land?

In this episode, we answer your biggest money questions straight from our Facebook group. We unpack rentvesting requirements and grants, break down how capital gains tax applies when you move out or sell, bust the 20% deposit myth, and explain how brokers really get paid. Plus, we tackle whether the 5% deposit scheme can be used to buy land — and what to know if you’re eyeing a bigger block.

You’ll also hear what to do once you’ve saved your deposit, when to speak to a broker, and why understanding grants and concessions is critical to avoiding costly mistakes.

Listen now to get clear on rentvesting, tax implications, deposits, brokers, land questions, and low-deposit schemes — and leave knowing exactly how to move forward with confidence on your first home journey.


Episode Highlights

00:00 – Introduction and Podcast Overview

01:46 – Deposits and Government Schemes Explained

03:11 – How Much Deposit Do You Really Need?

05:11 – What to Do After Saving Your Deposit

08:46 – Rentvesting and First Home Buyer Grants

11:35 – Capital Gains Tax: How Long Can You Own or Rent Before Paying?

15:14 – Buying Land with the 5% Deposit Scheme

17:05 – When Should You Meet a Mortgage Broker?

Mentions
Australian Taxation Office Website
Episode 001 – What is Your First Home Buyer Guide?
Episode 056 – Proper Due Diligence for Buying Strata Properties (with Nicole Johnston)
Episode 201 – Uncover the Options for Buying a Home Without a Full 20% Deposit
Episode 205 – Rentvesting: What You Need to Know Before Taking the Leap


Course Details:
THE First Home Buyer Course is our Step-By-Step, No BS Guide to Every Stage of The Home Buying Process – It’s the next best thing to having your own buyer’s agent. With our expert guidance, you’ll know what to do at every step along the way. Become a home owner faster and easier. Click here: https://homebuyeracademy.com.au/YFHBG

 

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

 
Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast
Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825
Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f

Can you rent out your first home without losing your grant? How does the six-year exemption for capital gains tax really work? How much deposit is actually enough? And can you even use the 5% scheme to buy hectares of land?
In this episode, we answer your biggest money questions straight from our Facebook group. We unpack rentvesting requirements and grants, break down how capital gains tax applies when you move out or sell, bust the 20% deposit myth, and explain how brokers really get paid. Plus, we tackle whether the 5% deposit scheme can be used to buy land &mdash; and what to know if you&rsquo;re eyeing a bigger block.
You&rsquo;ll also hear what to do once you&rsquo;ve saved your deposit, when to speak to a broker, and why understanding grants and concessions is critical to avoiding costly mistakes.
Listen now to get clear on rentvesting, tax implications, deposits, brokers, land questions, and low-deposit schemes &mdash; and leave knowing exactly how to move forward with confidence on your first home journey.
 Episode Highlights
00:00 &ndash; Introduction and Podcast Overview
01:46 &ndash; Deposits and Government Schemes Explained
03:11 &ndash; How Much Deposit Do You Really Need?
05:11 &ndash; What to Do After Saving Your Deposit
08:46 &ndash; Rentvesting and First Home Buyer Grants
11:35 &ndash; Capital Gains Tax: How Long Can You Own or Rent Before Paying?
15:14 &ndash; Buying Land with the 5% Deposit Scheme
17:05 &ndash; When Should You Meet a Mortgage Broker?
Mentions
<ul>
<li><a href="https://www.ato.gov.au/">Australian Taxation Office Website</a></li>
<li aria-level="1"><a href="https://homebuyeracademy.com.au/podcasts/001">Episode 001 &ndash; What is Your First Home Buyer Guide?</a></li>
<li aria-level="1"><a href="https://homebuyeracademy.com.au/podcasts/056">Episode 056 &ndash; Proper Due Diligence for Buying Strata Properties (with Nicole Johnston)</a></li>
<li aria-level="1"><a href="https://homebuyeracademy.com.au/podcasts/201">Episode 201 &ndash; Uncover the Options for Buying a Home Without a Full 20% Deposit</a></li>
</ul>
<ul>
<li aria-level="1"><a href="https://homebuyeracademy.com.au/podcasts/205">Episode 205 &ndash; Rentvesting: What You Need to Know Before Taking the Leap</a></li>
</ul>
 Course Details:
<ul>
<li aria-level="1">THE First Home Buyer Course is our Step-By-Step, No BS Guide to Every Stage of The Home Buying Process &ndash; It&rsquo;s the next best thing to having your own buyer&rsquo;s agent. With our expert guidance, you&rsquo;ll know what to do at every step along the way. Become a home owner faster and easier. Click here: <a href="https://homebuyeracademy.com.au/YFHBG">https://homebuyeracademy.com.au/YFHBG</a></li>
</ul>
&nbsp;
If you enjoyed today&rsquo;s podcast, don&rsquo;t forget to subscribe, rate, and share the show! There&rsquo;s more to come, so we hope to have you along with us on this journey!
&nbsp;
<ul>
<li aria-level="1">Subscribe on YouTube: <a href="https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast">https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast</a></li>
<li aria-level="1">Subscribe on Apple Podcasts: <a href="https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825">https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825</a></li>
<li aria-level="1">Subscribe on Spotify: <a href="https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f">https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f</a></li>
</ul>

THE First Home Buyer Course. Get there without missing a step.

THE First Home Buyer Course. Get there without missing a step.

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