<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=908162163101989&amp;ev=PageView&amp;noscript=1">

Build your first home at Sage Burpengary with the 5% Deposit Scheme

251007_HUNT 5% Deposit Banner

From 1 October 2025, a new chapter begins for first home buyers, and Sage Burpengary is ready to welcome you home. 

The Australian Government has launched its expanded 5% Deposit Scheme, bringing the dream of home ownership within reach for thousands of Australians. For buyers looking to build a new life in Sage’s nature-connected community, this is the perfect time to start your journey.

Through this initiative, first home buyers can now purchase a home with just a 5% deposit and avoid paying Lenders Mortgage Insurance (LMI), a significant cost usually added to a loan when the deposit is under 20%. LMI typically ranges from 1% to 5% of the loan amount, depending on the property value, deposit size and lender policies. With the median Australian home price now at $844,000, this could add up to $42,200 in additional costs. By removing this financial hurdle, the scheme not only reduces upfront expenses by eliminating this cost, it helps buyers enter the market years sooner, turn rent into equity, and start building their future in a home of their own. 

“We want to help young people and first home buyers achieve the dream of home ownership sooner. Getting more Australians into their own home quicker, while saving them money along the way.”
- Prime Minister Anthony Albanese. 


 

What’s Changing, and Why It Matters 

The updated scheme offers: 

  • 5% deposit and no LMI 
  • No income caps or application limits, open to more Australians 
  • Higher property price caps of up to $1,000,000 for Brisbane and regional centres 
  • More choice of lenders, including regional and customer-owned banks 

For many, this means the ability to buy now instead of renting for years. 

In real terms: 

  • A buyer in Brisbane and Queensland regional centres (including City of Moreton Bay) could purchase a $1 million home with a $50,000 deposit, saving up to 10 years of deposit saving time and $42,000 in mortgage insurance. 
  • Instead of paying rent, they’ll be paying off their own loan, building equity and financial stability sooner. 
Are you eligible? 
  • Be a first home buyer, or not have owned property (including commercial or investment) in the past 10 years 
  • Be at least 18 years old 
  • Be an Australian citizen or permanent resident 
  • Plan to live in the home, investment properties are not eligible 
  • Have a minimum 5% deposit saved 
  • Buy a new or existing residential property, including houses, townhouses, apartments or house-and-land packages 
  • For more information on the eligibility criteria and how to apply for the 5% Deposit Scheme, as well as additional support for single parents and legal guardians, visit firsthomebuyers.gov.au. 
Why Sage Burpengary Is the Natural Choice for First Home Buyers 

Positioned in Brisbane’s thriving Moreton Bay Region, Sage Burpengary offers the rare combination of affordability, amenity, and nature. Here, you’ll find more than just land or a house, you’ll find space to grow and a place to truly call home. 

At Sage, you’ll enjoy: 

  • Homesites and house & land packages designed for first-time buyers and growing families 
  •  Over 30% green space, including a 7.5-hectare environmental corridor and nature reserve 
  •  A 8000m2 community park, complete with playground, shaded picnic areas and a half basketball/netball court and cricket net 
  •  Just minutes to Burpengary Plaza, schools, childcare and medical services 
  •  Close to Burpengary Station and the Bruce Highway, with easy access to Brisbane (40 mins) and the Sunshine Coast (45 mins) 

With the 5% deposit scheme now available and land selling fast at Sage, there’s never been a better time to secure your homesite and start planning your future. 

For first home buyers ready to take their first step, Sage Burpengary offers the space, support and surroundings to build your dream home and embrace a balanced life.  

Discover your dream homesite today by visiting us at 64 Hunt Road, or contacting us on sage@cedarwoods.com.au. 

unsplash_q8U1YgBaRQk

Subscribe below for the latest news, stories and updates

Looking for more? See our related articles here.