Walshs | Walshs was established in 1991 and has grown to become one of South East Queensland's leading accounting and financial planning firms

What Medical Professionals Need to Know About the 5% Deposit Scheme Changes (effective 1 October 2025)

One of Queensland’s leading financial planning, accounting and lending firms for medical and private clients. Providing accounting, mortgage broking and strategic financial planning advice.

T: 61-7-3221 5677
Email: enquiries@walshs.com.au

Walshs
Level 24/10 Eagle Street, Brisbane QLD 4000

Open in Google Maps
  • Medical Clients
  • Private Clients
BOOK A MEETING

Walshs Insights

Tuesday, 16 September 2025 / Published in Articles, Business, Walshs Blog

What Medical Professionals Need to Know About the 5% Deposit Scheme Changes (effective 1 October 2025)

From 1 October 2025, Australia’s First Home Guarantee Scheme will undergo its most significant overhaul yet and for the normal Australian first home buyer, this presents both a massive opportunity to get into the property market.

While the changes appear promising on paper, they’re expected to unleash a wave of new demand, especially from high-income earners. That means price pressure, competition, and limited time to act. As a medical professional, you can take advantage of this potential surge.

Effect on Medical Professionals:

As many of you reading this already know, as a medical professional you already have access to 5% deposits for either a home or investment property. This enables you with an opportunity to buy into a market now that is primed for a potential uplift when these changes take effect.

Why acting before October matters

The market doesn’t wait for policy changes – it moves in anticipation.

  • Sellers will price in the larger buyer pool.
  • High-income households will re-enter markets they were previously excluded from.
  • Lower-income first-home buyers — including junior doctors — risk being crowded out.

Those who act now can secure quality properties before the competition heats up and get the potential uplift that will come in October by the changes to the First Home Guarantee found below.

What’s changing in October?

1. Income Limits Removed

Previously, people earning over $125,000 (or couples over $200,000) were excluded. From October, the cap jumps to $250,000 for singles and $500,000 for couples.

This means higher income individuals and couples will now have access to a 5% deposit.

2. Higher Property Price Caps

In Brisbane and other QLD regional centres, the cap rises from $700,000 to $1,000,000. This brings family homes in desirable suburbs into reach – but also into the crosshairs of wealthier buyers.

3. Greater Borrowing Capacity

With interest rate cuts already underway and more expected in 2025, borrowing power could rise by ~15%. Combined with higher income and price thresholds, this will supercharge demand.

4. Rising Market Momentum

Confidence is returning to the property market. Auction clearance rates are strong, and sentiment is improving. Come October, expect a surge in activity – especially from high-income professionals who were previously locked out.

What medical professionals should do now

At Walshs, we’ve already begun preparing our clients to move early:

  • Secure finance: Medico-specific lending allows 5% deposits with no LMI, 35-year terms, and future income is considered.
  • Target quality suburbs: Use the higher price caps to buy in high-growth areas typically unreachable by first home buyers.

The expanded 5% deposit scheme will open the market to more people – and with that a surge in demand and likely price growth. For serious buyers, especially medical professionals with unique lending advantages, the smartest move is to get organised now — not in October.

If you wish to discuss how you can potentially partake in a price surge, speak to one of our financial advisers today.

  • Tweet
Tagged under: 5% deposit home loan, buying your first home, doctors home loans, first home buyer scheme, first home buyer support, first home guarantee, government home loan benefits, home loan approval, medical finance specialists, medical professional lending, medical professionals Queensland, mortgage broker Brisbane, no LMI loans, property finance for doctors, Walshs mortgage broking

What you can read next

Tax traps the ATO is watching
Tax traps the ATO is watching
The winner of the 2024 $10,000 Walshs Medical Bursary is Dr Nicholas Croker!
The winner of the 2024 $10,000 Walshs Medical Bursary is Dr Nicholas Croker!
2026-27 Tax Changes: What You Need to Know for the New Financial Year
2026-27 Tax Changes: What You Need to Know for the New Financial Year

Recent Posts

  • RBA Interest Rate Rise: Is It Time to Review Your Home Loan?

    RBA Interest Rate Rise: Is It Time to Review Your Home Loan?

    With the Reserve Bank of Australia (RBA) increa...
  • Proposed Discretionary Trust Tax Changes: What You Need to Know

    Proposed Discretionary Trust Tax Changes: What You Need to Know

    The Federal Government has introduced proposed ...
  • From Brisbane to MIT: A Journey of Learning, Leadership and Innovation

    From Brisbane to MIT: A Journey of Learning, Leadership and Innovation

    Annabelle Clare, General Manager, Walshs  In Se...
  • TPD Insurance for Medical Professionals: Why Premiums Are Rising and What to Review

    TPD Insurance for Medical Professionals: Why Premiums Are Rising and What to Review

    For doctors and medical professionals, your abi...
  • Financial Wellbeing for Medical Professionals: Key Insights From the Latest PPS Mutual Research

    Financial Wellbeing for Medical Professionals: Key Insights From the Latest PPS Mutual Research

    Australia’s doctors, dentists and allied health...
Walshs

Trusted experts in your financial future since 1991.

Book a meeting
Facebook-f Linkedin-in Instagram

Explore

  • Medical clients
  • Private clients
  • Mortgage broking
  • Meet the team
  • Book a meeting

Contact

Phone(07) 3221 5677

Emailenquiries@walshs.com.au

Mortgage brokinglending@walshs.com.au

Fax(07) 3221 5744

Visit

OfficeLevel 24, 10 Eagle Street
Brisbane City QLD 4000

PostalGPO Box 12
Brisbane QLD 4001

AFR Top 100 Accounting Firms 2022-2025

Top 100Australian Financial Review Top 100 Accounting FirmsListed 2022, 2023, 2024 and 2025

Australian Financial Review
Top 100 Accounting Firms

Australian Accounting Awards 2025 Finalist - Boutique Firm of the Year

FinalistBoutique Firm of the Year (20 employees or more)Australian Accounting Awards 2025

Australian Accounting Awards 2025 Finalist - Multiservice Firm of the Year

FinalistMultiservice Firm of the YearAustralian Accounting Awards 2025

Australian Accounting Awards 2022 Winner - Accounting Support Staff of the Year

WinnerAccounting Support Staff of the YearAustralian Accounting Awards 2022

IFA Excellence Awards 2022 Winner - IFA Excellence Award Company

WinnerIFA Excellence Award – CompanyIFA Excellence Awards 2022

Cybercert SMB1001 Gold Level 3

Gold certifiedSMB1001 Gold Level 3 cyber securityCyber Security Certification Australia

Xero Platinum Partner

Platinum PartnerXeroCloud accounting software

Plus nine more Australian Accounting Awards and IFA finalist places since 2022

2024

Multiservice Firm of the YearAustralian Accounting Awards · Finalist

2023

Boutique Firm of the Year (20 employees or more)Australian Accounting Awards · Finalist

Wellness Program/Initiative of the YearAustralian Accounting Awards · Finalist

Partner of the YearAustralian Accounting Awards · Finalist

Wellness Program/Initiative of the YearIFA Excellence Awards · Finalist

2022

Boutique Firm of the Year (20 employees or more)Australian Accounting Awards · Finalist

Wellness Program/Initiative of the YearAustralian Accounting Awards · Finalist

Accounting Support Staff of the YearAustralian Accounting Awards · Finalist

Wellness Program/Initiative of the YearIFA Excellence Awards · Finalist

All advice on this site is general in nature and does not take into account your personal circumstances. Please do not hesitate to contact one of our adviser accountants or financial planning advisers if you have a query that is specific to your circumstances.

ABN 11 248 978 295 Walshs Financial Planning Pty Ltd AFSL 432636 · ABN 82 122 293 912 Corporate Authorised Representative No. 463774 of Walshs Finance Australian Credit Licence 459119 · Liability limited by a scheme approved under Professional Standards Legislation.

© 2026 Walshs

  • Privacy Policy
  • Financial Services Guide
  • Credit Guide
  • Complaints Policy
TOP
lending-15-min-ph

If the time you would like is not available, please contact our office on 07 3221 5677.

Make a booking with Darole Evans

If the time you would like is not available, please contact our office on 07 3221 5677.

GET IN TOUCH

If you would like a Walshs adviser to contact you or to receive marketing material from Walshs and/or be advised of upcoming seminars and events please provide your contact details.
[contact-form-7 id=”18018″ title=”Contact form 1″]

Book 15 minute lending call

If the time you would like is not available, please contact our office on<br>07 3221 5677.