Good or Bad? New 5% Deposit Scheme Explained for Australians

In this video, I'll show you how the new 5% deposit scheme works, who is eligible, how to apply, what other important rules are changing from 1st of October 2025, and the Pros & Cons you should consider before taking advantage of this deal. -------------------------------------------------------------------------------------------------------------------- 📩 Sign up to my free email newsletter! https://aussiemoneyclub.beehiiv.com/subscribe 🏠 The Mortgage Broker I Personally Recommend — Alcove Looking to get a home loan? Alcove compares 30+ lenders, maps out every grant and scheme you are entitled to, and handles the heavy lifting for free. No obligation, no cost to you. 👉 Book your free meeting: https://bit.ly/4rcFsVb 🔗 Links in the video: 5% Deposit Scheme: https://firsthomebuyers.gov.au/australian-government-5-percent-deposit-scheme How To Apply: https://firsthomebuyers.gov.au/australian-government-5-percent-deposit-scheme/first-home-buyers 🎬 MORE USEFUL VIDEOS! 🎬 ► How To Invest in Australia with $500: https://youtu.be/KbRaDmAjSEY ► How To Pay Off Mortgage FASTER: https://youtu.be/NXO3QYmYH0k ► Should You Pay Off Home Loan Early or Invest: https://youtu.be/FiCB9ZLzJuE ► My Investing Plan for 2025: https://youtu.be/vtsNjFSHe2k ► How To Invest in ETFs in Australia: https://youtu.be/w3PRA2czQJY 🎁💰🎁 GRAB SOME FREEBIES! 🎁💰🎁 📈 Investing Apps that I use: ► Moomoo: Get Up To 38 FREE shares & Auto Invest: https://bit.ly/3PgUN6E ► Tiger Brokers: Get $50 USD FREE Tesla shares:https://bit.ly/3RqBPLI ► Stake: Get $10 FREE credit & a FREE stock (worth up to $150): https://bit.ly/3L13UGm or Use Code: bryanl728 ► Webull: Get Free Trading Vouchers up to $200: https://bit.ly/4fKdpWU ► Raiz: Get $5 FREE when you sign up: https://bit.ly/3KYJGgr or Use Code: W3CG4J ► Independent Reserve: Get $25 of Free Bitcoin (No deposit required)): https://bit.ly/4cSicE4 ► Bitcoin.com.au: Get $30 of Free Bitcoin (No deposit required)): https://bit.ly/3B0RnQM ► CoinSpot: Get $20 of Free Bitcoin (BTC): https://bit.ly/3Ed2XXJ 🏦 Banks & Finance Apps that I use: ► ING: Get $100 FREE if you sign up: https://bit.ly/4qakqXh ► Ubank: Get $30 FREE if you sign up with my code & make 5 small purchases: https://bit.ly/4hgoa4c Use Code: MDPYUAG ► Up Bank: Get $10 FREE if you sign up: https://bit.ly/4gC4oQV ► Xero: Use this link for a big discount: https://bit.ly/3YxbL4b ► Sharesight: Get 4 Months Free Using This Link: https://bit.ly/46ajSHu ► Navexa: Get 20% off if you use this link https://bit.ly/3RLOI2X or code: bryaninvest ► TopCashback: Get $20 Bonus: https://bit.ly/492Kwp3 ► ShopBack: Get $20 : https://bit.ly/4qaAbxk * Some links above may be affiliate or referral links. It doesn't cost you any extra to use them but it does help support my channel. Thank you! ☺️ ----------------------------------------------------------- 👇 Connect With Me 👇 🎬 My YouTube: https://www.youtube.com/@UC6_HYRP3E1KpJVg3ra7p3gQ 📩 My Free Email Newsletter: https://aussiemoneyclub.com.au/subscribe 📸 My Instagram: https://www.instagram.com/bryaninvest 📷 My 2nd Instagram: https://www.instagram.com/aussiemoneyclub/ 👨🏻‍💻 My Website: https://bryaninvest.com.au/ 📧 My Email: bryaninvestbusiness@gmail.com ----------------------------------------------------------- 🚨‼️ Disclaimer: The content on this YouTube channel is meant for general information and education only, not as financial, investment, legal, or other professional advice. It represents personal opinions and experiences, not professional advice. While we aim for accuracy, we cannot guarantee it. Markets and conditions change quickly, and past performance doesn't predict future results. All investments carry risks so assess your tolerance carefully. Don't rely solely on these videos for decisions. We're not liable for losses from using this information. By watching, you accept these terms and take responsibility for your financial choices. ----------------------------------------------------------- #mortgage #investing #homeloan ⏰ TIMESTAMPS 0:00 - Intro 0:31 - The Old Rule 1:11 - Who is Eligible? 2:03 - How To Apply 2:58 - What’s Changing From 1st Oct 2025? 5:01 - The Pros 6:37 - The Cons 8:14 - Worked Example 10:52 - My Thoughts