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First Home Buyer Deposit (20%)

Housing
0Instead of $96.5M on BOM.gov.au, you could buy 603 ร— First Home Buyer Deposit (20%)

๐Ÿ“‹ Description

20% deposit on median first home

๐Ÿ’ฐ Cost Breakdown

  • Unit Cost: $160,000 AUD
  • BOM Website Cost: $96,500,000 AUD
  • Quantity Available: 603 units
  • Total Alternative Value: $96,480,000 AUD

๐ŸŽฏ Procurement Context

Could help 603 first home buyers with their deposit. That's 603 young Australians who could stop renting.

โœ… Source Verification

  • Primary Source: https://www.nhfic.gov.au/
  • Senate Reference: National Housing Finance and Investment Corporation Report 2024
  • Calculation Notes: 20% deposit on $800k median home for first home buyers
  • Last Verified: 27 November 2024

๐Ÿท๏ธ Tags

housingfirst-home-buyerdeposit

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