The latest Federal budget landed, and as usual, there's plenty in it that touches property buyers — even if it doesn't make the front page. Here's what matters, in plain English.
- First Home Guarantee caps lifted. Adjusted upwards to reflect Sydney prices. If you qualify, you can buy with a deposit as low as 5% without paying Lenders Mortgage Insurance. But a small deposit means a bigger loan, which means more interest over time — worth thinking through carefully.
- Infrastructure spending on transport. Targeting transport links across several states. Better transport tends to push up demand — and prices — in the areas it connects, so we watch these pipeline projects when researching where to buy.
- A closer eye on holiday rentals. Negative gearing rules haven't changed much, but the ATO is paying closer attention to holiday-rental claims. If you're investing, a straightforward residential rental in a strong suburb is a cleaner, safer position than something that relies on peak-season short stays.
No politics — just the bits that change the maths for buyers.
This article is general property market information only — it isn't financial, tax, legal or investment advice. Your specific situation should always be discussed with a qualified, licensed professional (financial adviser, mortgage broker, tax agent or solicitor) before you make any decisions. FiveFold Property Partners helps clients buy property; we are not licensed financial advisers.