5 deposit on homes through Labor AND the rest

5 deposit on homes through Labor AND the rest. The median home price in Australia today is 820, 000. Five per cent of that is 41, 000. The last time 41, 000 covered the 20 per cent deposit for a median home was 2002. Thats the generational scale of this change. This means a Sydneysider and first home buyer can purchase a 1 million apartment with a 50, 000 deposit with their loan guaranteed by the Albanese Government. It means a Queenslander and first home buyer can purchase an 850, 000 home with a 42, 500 deposit. X Link RealLandDownUnder Source: Land Down Under t. me, RealLandDownUnder