Fast 1.500 Immobilien, die im Rahmen des australischen Depot-Systems für Erstkäufer von Immobilien mit einer Anzahlung von 5% erworben wurden, wurden in Investitionen umgewandelt

Nearly 1,500 properties purchased through Australia's first 5% deposit scheme for first-time homebuyers have been converted into investment assets, according to newly disclosed data. The government-backed initiative, designed to assist low-income buyers, has inadvertently facilitated a shift toward investment properties, raising concerns among critics. The scheme allows first-time buyers to secure mortgages covering 95% of a property’s value, with the government guaranteeing the loan and waiving lender’s mortgage insurance, a cost often borne by borrowers. This support has made homeownership more accessible, particularly for those with limited savings. However, data from Housing Australia reveals that 1,486 properties acquired under the scheme were later repurposed as investment assets, primarily between its launch in 2020 and May 2026. This number represents a small fraction of the 208,000 total guarantees issued during that period. Despite the overall success of the program, the conversion rate highlights a growing concern. Barbara Pocock, the Greens’ housing spokesperson, expressed disappointment, noting that the scheme was intended to provide affordable housing for lower-income individuals rather than benefiting wealthier investors. In response to questions about the issue, a spokesperson for Housing Australia stated that once a buyer exits the scheme, by moving out of the property, the government no longer guarantees the mortgage. At that point, the homeowner is free to make decisions regarding the property, including renting it out. However, such actions mean the buyer is no longer protected by the scheme’s benefits. Mortgage Choice broker Bob Tasevski explained that many buyers aim to avoid losing the guarantee, as banks typically require payment of the lender’s mortgage insurance unless there is a specific exemption. He noted that while banks may offer assistance upon request, the process is not automatic. Lin Lu, NAB’s executive for home ownership, emphasized that the bank encourages customers to update their circumstances promptly. When changes occur, the bank works with the customer to explore available options. However, the government has not yet confirmed whether it will take steps to prevent fraudulent activities, such as undisclosed rentals, which could undermine the scheme’s integrity. Housing Australia monitors rental listings, property transactions, and address changes to ensure compliance with the scheme’s requirements. These measures aim to maintain the principle that properties remain owner-occupied. The scheme gained significant traction following an amendment in October 2025, which removed income caps that previously excluded higher earners. Since then, the program has averaged over 5,600 home purchases per month, compared to approximately 3,400 prior to the change. This surge reflects the scheme’s broader appeal, especially in a competitive housing market. Data also indicates that prices for homes eligible for the scheme have increased more rapidly than the general market. Additionally, one in three new participants earns above the previous income limits of $125,000 for singles and $200,000 for couples. Recent figures show that 155 single applicants and 92 couples earned over $300,000 and $400,000 respectively, with one couple reporting earnings exceeding $674,000. Treasurer Jim Chalmers addressed criticisms on the ABC, stating that while some high-income individuals face challenges in entering the market, the scheme supports those who are financially stable. According to Housing Australia, 89% of participants are current on their payments, suggesting a strong track record of financial responsibility. Despite these positive indicators, the program continues to face scrutiny over its unintended consequences. As the scheme evolves, ongoing monitoring and policy adjustments will be crucial in balancing accessibility with accountability.