{"id":626986,"date":"2026-04-24T02:42:18","date_gmt":"2026-04-24T02:42:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/626986\/"},"modified":"2026-04-24T02:42:18","modified_gmt":"2026-04-24T02:42:18","slug":"more-than-3800-tasmanians-buy-first-home-using-5-deposit-scheme","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/626986\/","title":{"rendered":"More than 3,800 Tasmanians buy first home using 5% deposit scheme"},"content":{"rendered":"

More than 3,800 Tasmanians have bought their first home with the help of a federal government scheme that lets eligible buyers get into the market with just a 5% deposit.<\/p>\n

Franklin MP Julie Collins said the program was already making a real difference in the state.<\/p>\n

\u201cToo many Tasmanians have been locked out of home ownership for too long, but our 5% deposit scheme is changing that,\u201d Collins said.<\/p>\n

\u201cEvery time a Tasmanian is helped into a home it\u2019s life changing.\u201d<\/p>\n

\"\"Labor said the 5% deposit scheme is part of a broader $45 billion federal housing plan. Image \/ Pulse (File)<\/p>\n

Collins said there was more work to do, but the scheme was already delivering a pathway to home ownership for Tasmanians like Risdon Vale couple Romain and Jessica.<\/p>\n

Their rental was being sold and said they didn\u2019t think to look at buying until they heard about the deposit scheme.<\/p>\n

\"\"The couple said they had moved four or five times before buying their home<\/p>\n

\u201cWe didn\u2019t think we had enough money to put a house deposit down and this scheme opened a whole lot of doors for us that we didn\u2019t realise,\u201d Jessica said.<\/p>\n

\u201cWe thought we were going to be looking for another rental, and this meant we could actually start looking for a home.\u201d<\/p>\n

Jessica said it had changed their lives.<\/p>\n

\u201cWe went from being not secure, not knowing where we\u2019d be moving to and not having the security of a home to being able to now plan our future,\u201d she said.<\/p>\n

\"\"Julie Collins said the deposit scheme was changing lives for Tasmanians. Image \/ Stock<\/p>\n

\u201cAt the time of our rental being sold, we wouldn\u2019t have been able to afford a home without the 5% deposit scheme.\u201d<\/p>\n

\u201cBefore now, we had moved four of five times, and we don\u2019t need to worry about that burden anymore.\u201d<\/p>\n

Labor said the 5% deposit scheme is part of a broader $45 billion federal housing plan aimed at building more homes, improving conditions for renters and helping more Australians into home ownership.<\/p>\n

\"\"More than 3,800 Tasmanians have used the 5% deposit scheme to buy a home<\/p>\n","protected":false},"excerpt":{"rendered":"More than 3,800 Tasmanians have bought their first home with the help of a federal government scheme that…\n","protected":false},"author":2,"featured_media":626987,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-626986","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/626986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=626986"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/626986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/626987"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=626986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=626986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=626986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}