Is 2026 the Turnaround Year for First Home Buyers?
Getting into the property market may have become a little easier for first home buyers.
PRD’s Smart Moves Capital Cities Edition report has found that housing affordability improved across several capital cities in the first half of 2026, with units leading the way.
In Sydney and Melbourne, unit prices are in a downswing phase with more vendors lowering their prices (see image), opening the door for buyers priced out just 12 months ago. In Brisbane and Adelaide, prices are rising, but from a base still well below the metro median. In Hobart, houses remain the most affordable of any capital city.
After years of rising prices pushing homeownership out of reach, this presents a genuine opportunity for first home buyers to break into the market. And you may not need to wait until you have a 20% deposit saved.
Direct Credit Home Loans offers low-deposit home loans with deposits as low as 5%. Eligible buyers may also be able to access the Australian government’s 5% Deposit Scheme, which allows you to purchase with a 5% deposit without paying lenders mortgage insurance.
You may not need a 20% deposit to buy your first home. Direct Credit Home Loans offers low-deposit home loans, with deposits as low as 5%. Contact us on (07) 3726 1124 or email [email protected] to find out more.
Contact us on (07) 3726 1124 or email [email protected] to discuss your options.
Our experienced staff will assess your application on its merits, not according to rigid criteria. So if you’re credit-worthy, we’ll back you.
We love helping Australians buy property.
Call us on (07) 3726 1124 or email [email protected] to discuss your scenario directly with our credit team.