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The Canberra Times

National

Brittney Levinson

There's a pretty big problem for Canberrans in the new first home buyer scheme

Canberra Eliza Owen Coalition CoreLogic Labor

The federal government's First Home Loan Deposit Scheme has been a hot topic in recent weeks, with both Labor and Coalition governments vowing to expand the program to help more home owners into the market.

But new data from property research firm CoreLogic shows it's slim pickings for Canberrans looking to take up the scheme.

Under the current $500,000 purchase threshold for the ACT region, only 10.7 per cent of homes qualify.

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