Early uptake of first home loan deposit scheme favours single buyers, regions

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Latest data revealed on the uptake of first home loan deposit scheme

Figures show more than half the scheme's applicants so far were under the age of 30, except in Sydney

The figures showed more than half the scheme's applicants so far were under the age of 30, except in Sydney.Housing Minister Michael Sukkar acknowledged helping those younger city buyers was an ongoing challenge. "One of the things the Prime Minister and I wanted to do was make sure this didn't just become a Sydney-, Melbourne-, Brisbane-centric scheme," Mr Sukkar said.

 

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