NAB welcomes the Regional First Home Buyer Guarantee launch



NAB is looking forward to helping even more Australians to buy their very own home with the launch of the Regional First Home Buyer Guarantee from 1 October.

The Scheme, designed to support first home buyers to purchase a home in regional Australia sooner with a deposit of as little as 5 per cent, is part of the government’s Home Guarantee Scheme.

NAB Executive Home Ownership, Andy Kerr, said NAB had seen first-hand how the Government Schemes have helped thousands of Australians purchase a home earlier than they thought possible.

“We expect strong demand for places in the Regional First Home Buyer Guarantee,” Mr Kerr said.

“Regional Australian locations definitely became popular at the start of the pandemic with people moving for a ‘green change’ and this scheme will be pivotal in making the move a permanent one for many.

“Our latest data shows us that clearly regional areas remain appealing for first home buyers. Locations like Sunbury in Victoria, Dapto in New South Wales or Bunbury in Western Australia continue to be hotspots for first home buyers.

“We know that affordability has been a concern for many first home buyers. This scheme will be critical to providing more opportunities for buyers to enter the market in regional townships.”

NAB has helped more than 15,000 first home buyers through the Home Guarantee Scheme, including 4,000 first home buyers in regional locations.

For more information on the Home Guarantee Scheme, or to book an appointment with our specialist team of lenders, visit First Home Buyers | Special offers, home loans, tools and guides – NAB



Media Enquiries

For all media enquiries, please contact the NAB Media Line on 03 7035 5015

Related Articles

  • Economy

Not an easy needle to thread: NAB CEO on interest rates and the economy

NAB CEO Andrew Irvine reflects on Australia’s resilient economy and how this is impacting inflation and interest rates.

  • 10.05.2024
  • Time to read 2 min read
  • Media Release

Big savings plans for tax cut cash

Australians are planning to save – rather than splurge – extra money from their stage 3 tax cut

  • 10.05.2024
  • Time to read 2 min read
  • Climate

NAB milestone shows appetite remains strong for renewable energy projects

NAB’s renewable energy lending book shows continued growth for global renewable projects as the bank completes its 200th renewable energy transaction with Squadron Energy.

  • 27.03.2024
  • Time to read 2 min read

Quick links

Property Insights

Buying or selling? Get ahead with property value estimates, insights and property reports.