Nearly 1,500 properties bought using Australia’s first home buyers' 5% deposit scheme converted into investments
•New data reveals that Australia’s 5% deposit scheme has led to nearly 1,500 properties being converted into investments.
•High-income borrowers, including a couple with an annual income of $674,000, are utilizing the scheme.
•The program is now benefiting Australians earning over $300,000 annually after Labor lifted restrictions on high-income participants.
المصدر: The Guardian | Source: The GuardianNew data shows the federal government scheme has been used by high-income borrowers, including one couple earning an annual $674,000
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The government’s 5% deposit scheme for first home buyers has enabled the purchase of nearly 1,500 properties that were turned into investments, new data shows.
The scheme is also helping hundreds of Australians earning more than $300,000 a year, after Labor stopped excluding high-income borrowers.
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→New data reveals that Australia’s 5% deposit scheme has led to nearly 1,500 properties being converted into investments.
→High-income borrowers, including a couple with an annual income of $674,000, are utilizing the scheme.
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