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14 July 2026
14 July 2026
Quick answer: Eligible first home buyers in Australia in 2026 can buy a house and land package with a low deposit through the Australian Government 5% Deposit Scheme (5%, no LMI), Help to Buy (2% with shared equity), or a developer reservation process like Allam EasyBuy. Standard lenders typically want 10% to 20%. NSW and Victoria each have their own state grants and stamp duty concessions on top. The right pathway depends on the property's price cap, your borrowing capacity, and where you're buying.
This guide breaks down what's real versus marketing in the no-deposit space, the minimum deposits available across NSW and Victoria, Allam EasyBuy, and where Allam's NSW and Victoria estates fit within scheme price caps.
True no deposit house and land packages are rare in Australia. What's usually marketed as "no deposit" is actually a low-deposit pathway using a guarantor, existing home equity, a government guarantee or shared equity scheme. Buyers almost always need to contribute some funds, qualify for a loan, and have settlement funds ready when construction completes. House and land packages are typically structured one of two ways: separate land and build contracts, or a single packaged developer arrangement where the home is delivered turnkey. Before signing, check exactly what's due upfront, when the next payments fall due, and whether your finance is formally approved (not just pre-approved) for both the land and the build.
You can buy a house and land package with a low deposit in Australia by combining lender approval with a government scheme, a guarantor arrangement,, or a developer reservation process like Allam EasyBuy. Eligible first home buyers may use the Australian Government 5% Deposit Scheme (5% deposit, no LMI), Help to Buy (2% deposit with shared equity),. These reduce upfront cash, but they do not replace borrowing capacity, contract review, or the need for settlement funds. The practical path: confirm borrowing capacity with a lender or broker, check eligibility for federal and state assistance, compare package inclusions and fixed-price terms, confirm construction and settlement timelines, then have a conveyancer review the contract before you sign.
In NSW or Victoria in 2026, the minimum deposit for a house and land package depends on your lender, eligibility, property type, and whether you're buying separate land and build contracts or a packaged contract. Standard lenders typically want 10% to 20% deposit. Eligible first home buyers may purchase with 5% under the Australian Government 5% Deposit Scheme (no LMI), or 2% under Help to Buy. With Allam, a $1,000 reservation fee secures an EasyBuy home while contracts are prepared.
Deposit pathway | NSW | Victoria | Notes |
|---|---|---|---|
Standard lender | 10% to 20% | 10% to 20% | LMI usually applies below 20% |
Australian Government 5% Deposit Scheme | 5%, $1.5M cap Sydney/regional centres, $800K rest of state | 5%, $950K cap Melbourne/Geelong, $650K rest of state | No LMI for eligible buyers |
Help to Buy | 2%, $1.3M cap Sydney/regional centres, $800K rest of state | 2%, $950K cap Melbourne/Geelong, $650K rest of state | Income caps apply, two participating lenders at launch |
Allam EasyBuy reservation fee | $1,000 | $3,000 | Holds an eligible Allam home while contracts are prepared. Credited toward the deposit, but does not replace lender deposit requirements. |
For separate land and build contracts under either federal scheme, the combined value of land plus build must sit at or below the relevant property price cap.
Several government schemes can reduce the deposit needed for a house and land purchase. The most relevant for low deposit buyers in 2026 are the Australian Government 5% Deposit Scheme, the Help to Buy Scheme, and the First Home Super Saver Scheme. Eligible first home buyers may also access state-based grants and stamp duty concessions in NSW and Victoria.
NSW state supports: First Home Owner Grant of $10,000 for new homes ($600K cap, or $750K house and land package). First Home Buyers Assistance Scheme: full transfer duty exemption to $800K, concession to $1M (homes); $350K full / $450K concession (vacant land).
Victoria state supports: First Home Owner Grant of $10,000 for new homes valued up to $750K. Full transfer duty exemption up to $600K, concession to $750K. Temporary off-the-plan duty concession for eligible apartment and townhouse purchases extended to 21 April 2027.
This guide is general information and is not financial, legal or tax advice. Deposit requirements, government schemes, property price caps, lender policies and eligibility rules can change. Always confirm your position with your lender, broker, conveyancer, Revenue NSW, the State Revenue Office Victoria, or Housing Australia before signing a contract.
Low-deposit house and land packages near Sydney depend on the price cap of your scheme and your borrowing capacity. South West Sydney estates like The Groves at Austral and Nakuru at Silverdale, and North West Sydney estates like McKenzie at Vineyard, Redgum Rise at Oakville and The Collection at Box Hill, often have packages within the $1.5 million NSW Sydney/regional centre cap for the 5% Deposit Scheme and the $1.3 million Help to Buy cap.
Across North West Sydney the lineup includes McKenzie (Vineyard), Redgum Rise (Oakville), The Collection and Killarney (Box Hill), Bellerive Rise (North Kellyville), and The Aspen (Rouse Hill). In South West Sydney, options include Nakuru (Silverdale), The Groves (Austral) and The Grange (Orchard Hills).
Regional NSW options cover Sophia Waters (Chisholm), Ravenswood (Tullimbar), and Madison Rise (Woongarrah). In Victoria, Alkyra (Beveridge) offers house and land options, while St Ronans (Bulla) and Lyndale (Tarneit) are currently land-focused. Confirm current availability before relying on these for a house and land purchase. Many Victorian options may sit within the $950K Melbourne/Geelong 5% Deposit Scheme cap and the $750K Victoria FHOG threshold.
Browse Allam's current house and land packages, or speak with our team to understand which homes may suit your budget, deposit position and preferred purchase pathway. We have new home options across North West Sydney, South West Sydney, regional NSW, and Victoria.
EasyBuy means a fixed price, no progress payments, no interest during construction and no contract variations. The "no interest during construction" benefit refers to interest charged by Allam; your home loan with your lender works separately and may charge interest from settlement.
It varies by lender, eligibility and package structure. Many buyers aim for at least 5% of the purchase price plus upfront costs. Eligible first home buyers can purchase with 5% under the Australian Government 5% Deposit Scheme,.
True no deposit purchases are rare. Some buyers use a guarantor, existing equity or alternative purchase structures, but most still need some upfront funds and full lender approval.
They can be a sound option with a reputable developer, a clear contract, and confirmed inclusions, timing and finance terms. Risk usually comes from unclear terms rather than the package format itself.
Buying land with no deposit through standard lending is uncommon. NSW vacant land transfer duty is fully exempt up to $350,000 and concessional to $450,000 for eligible first home buyers under the FHBAS.
Lower-priced land is generally found in regional NSW and outer growth corridors rather than established inner-metro suburbs. Prices shift, so check current listings.
In NSW private treaty sales, buyers often pay 0.25% of the purchase price when contracts are exchanged with a cooling off period. If the buyer rescinds during the cooling off period, this amount is usually forfeited. This is different from Allam's $1,000 EasyBuy reservation fee, which is paid before contract preparation and credited toward the deposit at contract.
We make buying your new home easy - that's why it's called EasyBuy. There are no progress payments while your new home is under construction and we take care of all planning and building approvals. Our homes are all turnkey, both inside and out, with nothing more to do.
