Home Guarantee Scheme Changes October 1st 2025: What Healthcare Professionals Need to Know
- Healthcare Home Loans
- 6 hours ago
- 3 min read
If you’re a doctor, nurse, or healthcare professional saving for your first home, there’s big news: from 1 October 2025, the Australian Government is expanding the Home Guarantee Scheme.
This update means more first home buyers, especially those working in healthcare, can buy a property sooner, with less deposit and no Lenders Mortgage Insurance (LMI).
What Is the Home Guarantee Scheme?
The Home Guarantee Scheme (HGS) is a government initiative that helps first home buyers purchase a property with as little as 5% deposit, while avoiding LMI.
From 1 October 2025, major changes are coming that make the scheme even more accessible.
Key Changes to the Home Guarantee Scheme in 2025
Here’s what’s changing for first home buyers:
Unlimited places – No more waiting lists. Any eligible buyer with a 5% deposit can apply.
No income caps – High-earning professionals (like doctors and specialists) will no longer be excluded.
Higher property price caps – Making it easier to buy in capital cities and high-demand regions.
Simplified access in regional areas – The Regional First Home Buyer Guarantee is being replaced by the First Home Guarantee for easier applications.
Why These Changes Matter for Healthcare Professionals
Buying your first home in Australia isn’t easy, especially if you work in healthcare. Long shifts, higher student loans, and rising property prices can make saving for a deposit feel out of reach.
These changes mean:
Doctors and specialists can access the Scheme, even with higher salaries.
Nurses, midwives, and allied health workers can buy in their area with realistic property price caps.
Regional healthcare professionals can secure a home in their community without navigating extra requirements.
With LMI waived, you could save tens of thousands of dollars, helping you enter the market sooner.
New Property Price Caps from 1 October 2025
Here are the highlights of the updated limits:
NSW (Sydney & major regional centres): $1,500,000 (up from $900,000)
VIC (Melbourne & Geelong): $950,000 (up from $800,000)
QLD (Brisbane, Gold Coast & Sunshine Coast): $1,000,000 (up from $700,000)
SA (Adelaide): $900,000 (up from $600,000)
WA (Perth): $850,000 (up from $600,000)
ACT: $1,000,000 (up from $750,000)
(See the full property price cap table via Housing Australia.)
How Healthcare Professionals Can Apply
Here’s the step-by-step process for applying under the Home Guarantee Scheme 2025:
Check your eligibility – A new online tool will be available from 1 October 2025.
Confirm property price caps – Make sure the home you’re considering falls within your local cap.
Speak to a mortgage broker who specialises in healthcare professionals – At Healthcare Home Loans, we’ll guide you through the process and connect you with participating lenders.
Get pre-approval – So you’re ready to make an offer with confidence.
Find your first home – And move into the property market sooner.
Don’t Wait Until October to Act
While the expanded Scheme starts on 1 October 2025, the Home Guarantee Scheme is still open today under the current rules. If you’re ready now, you don’t have to wait.
Why Work with Healthcare Home Loans?
At Healthcare Home Loans, we specialise in helping doctors, nurses, and allied health professionals access the best home loan benefits available.
We understand your unique career paths, higher borrowing capacity, and the special lending offers available only to healthcare professionals.
With the Home Guarantee Scheme changes in 2025, you’ll have even more options — and we’re here to help you take advantage of them.
Ready to Buy Your First Home?
Book a chat with Healthcare Home Loans today and find out how the 2025 Home Guarantee Scheme changes could help you buy your first home sooner.
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