If you’ve been saving for a home in Rockhampton but feeling like your deposit is growing slower than property prices, I’ve got some genuinely exciting news for you.
On October 1st, 2025, the Australian Government made the biggest changes to the Home Guarantee Scheme since it launched. In my 25+ years as a mortgage broker here in Rockhampton, I’ve seen plenty of government schemes come and go, but what happened on October 1st is different.
The removal of place limits, the scrapping of income caps, and the increase in property price limits have fundamentally changed the playing field for first home buyers. Let me break down exactly what this means for you.