Research, Data and Analytics

First home buyers are individuals and households that are entering the home ownership market by purchasing a property for the first time. The number and share of first home buyers in the market is often used as an indication of the strength and affordability of the overall home buying market, making it an important area of research.

The Home Guarantee Scheme is an Australian Government initiatives to support eligible home buyers purchase a home sooner. Data generated from the Scheme allows NHFIC to generate unique insights into the first home buyer market.

Insights from NHFIC’s proprietary HGS data is covered in this section.

Latest statistics

Use the interactive map below to see statistics on all guarantees that were offered and issued to home buyers under the Home Guarantee Scheme between 1 July 2021 and 30 June 2022. Data shown is as at 30 June 2022.

Search by postcode or local government area (LGA) and click on the map to view key information.

This analysis is a collaboration between NHFIC and its major bank panel lenders CBA and NAB and provides data insights on the operation of the Government’s Home Guarantee Scheme (HGS) since its inception in January 2020 to 31 May 2022, benchmarked against broader first home buyer data for the equivalent period.

Published February 2022

DECEMBER 2021 - LORENZ CURVE ANALYSIS

Record low interest rates and government assistance have helped support buyer confidence and the housing market more generally throughout the COVID-19 pandemic.

Good quality local infrastructure contributes to people’s wellbeing, increases the liveability of our local neighbourhoods and cities, and helps facilitate the necessary flow of new housing supply for a growing population. Poorly planned cities and inadequate local infrastructure can impede new housing supply and exacerbate affordability problems. Sub-standard local infrastructure can also sow the seeds of community discontent over more development, because people fear new housing will mean increased traffic congestion and eroding amenity in their local neighbourhoods.

Property tax reform is gathering momentum. The NSW government recently published a progress paper providing more detail about its reform intentions including the results of its public consultation process. The next step for NSW is to assess feedback on the progress paper and provide an update later in the year. It now joins the ACT as the only two jurisdictions in Australia intent on replacing transfer (stamp) duty with land tax.

This paper provides an update on some aspects of community housing financing in Australia and complementary measures needed to close the funding gap that exists for community housing. This gap is the difference between the costs of delivering and operating new community housing developments (including construction and ongoing management costs) and the rental returns.

Housing affordability refers to the ability of a household to meet its housing costs, such as servicing a mortgage or renting, without compromising other needs.