Estimated time and rent saved to save a deposit

Treasury figures indicate the 5 per cent deposit scheme can save years off the time the average worker needs to save a deposit.

*Assuming a first home buyer with an average annual income of $100,000 who saves 15% of their income every year. This is consistent with the assumptions used in the CoreLogic Housing Affordability Report in November 2024. **Estimated by multiplying national house gross rental yield of 3.5% (as reported in Cotality’s Home Value Index release of 1 July 2025) by the value of the property.
Source: Treasury