Regional First Home Buyer Guarantee

To apply to the Regional First Home Buyer Guarantee, you'll be subject to certain eligibility criteria as outlined below. You need to provide documentation to prove your eligibility and secure your position.

• You must be purchasing an eligible property.
• You can apply as an individual or jointly with a partner, friend, sibling, and other family member.
• You must be an Australian citizen or eligible permanent resident at the time you enter the loan.
• You must be at least 18 years of age. 
• You must be earning up to $125,000 for individuals or $200,000 for couples, as shown on the Notice of Assessment (issued by the Australian Taxation Office).
• You must be intending to be owner-occupiers of the purchased property.
• You must be first home buyers who have not previously owned, or previous homeowners who haven't owned a property in Australia in the past 10 years.
• You must have lived in the regional area or adjacent regional area in the preceding 12-month period to the date the home loan agreement is executed. (Employees who have been required to relocate for work by their current employer may be exempt from this requirement if employed for at least 12 months).
• There are also property price caps set by the Australian government.