31/08/2026
Saving a deposit is often one of the biggest hurdles for Australians hoping to buy a home. While many people assume they need to save 20 per cent of the purchase price before they can enter the property market, that isn’t always the case.
The amount you need will depend on your circumstances, the type of loan you qualify for, where you want to buy, and whether you’re eligible for any government support schemes. For some buyers, getting into the market with a smaller deposit may be possible.
https://reillyre.com.au/lifestyle/how-much-deposit-do-you-actually-need-to-buy-a-home-in-australia/