Case Studies
5% Deposit Scheme: John and Kristin
Jon and Kristen: Hello. Welcome to our home.
Jon: Come on in.
Kristen: So, this is our lovely kitchen and dining room where we make our coffees in the morning.
So, this is our little courtyard. And you can just imagine a nice big table full of family and friends.
Owning a home for us really started probably about a year and a half ago.
Jon: Pop-in-ability was one thing that was important.
Kristen: Yeah, we really wanted a home where people can pop by.
So yeah, we coined pop-in-ability.
An apartment was really, probably, all that we could afford before the Scheme changed.
And that really kind of opened doors for us, for sure.
It would have taken us a long time to save for that, this 5% deposit scheme.
There's just all of this, like extra stuff you talk about once you buy a home, like new garden, like your DIY.
Jon: We're just in our 30s now, my love.
Kristen: I mean it's definitely that as well.
The most immediate thing that we’ll do is just change the paint.
Jon: We were sitting here the other day and we looked around. There's 11 different shades of paint in this one room.
Kristen: Eleven?!
Jon: Let's make that like 2 or 3 and we’re good.
Kristen: There's this huge barrier to buying a first home. The 5% Scheme just made it
quite easy to just take one of these additional stresses out.
I was just, like, you know, elated that we had somewhere that was our own.
Jon and Kristen: See you later. Goodbye. Thanks for coming.
5% Deposit Scheme: London
London: Hi. Welcome to my house. Come on in.
So, this is our living room. Our lovely kitchen.
Couch where we watch all our movies on.
This is our outdoor area where Sheldon lives, where we have our coffees in the morning.
Over here is our bedroom. I doom scroll there.
My name is London. I live in Fortitude Valley, and I am a digital communications specialist.
So, I had a surgery that was life saving for me. And I spent my home deposit on my surgery.
We first heard about the scheme from our broker. She was amazing. She really informed us about things that we didn't know about.
The first day that we got to actually move in to the property was amazing. It's really nice to have our own space and get to do whatever we want with it. I can paint if I want to.
It was our house. We're homeowners. Meow is in the word.
I also have a cat, so. He's really settled in here. Around here somewhere.
Without the scheme, I don't think home ownership would have been on the table.
I love that I'm building a life with my husband here, and it's just really lovely.
Thanks for visiting our home. Bye