Using the federal Help to Buy scheme

Own a brand-new apartment for $604a week1

A 1-bedroom at Killarney Ponds, Box Hill. You put in a 2% deposit. The government shares 40% of the price.

$488.80repayments
$115.38outgoings
$604.18per week

$590,000 price · $11,800 deposit · $342,200 loan at 6.3% p.a. principal and interest, 30 years · $6,000 a year outgoings.

Artist impression of Killarney Ponds, a five-storey brick apartment building in Box Hill, at sunset
Killarney Ponds, Box Hill NSW · Artist impression
  • 2%minimum deposit
  • Up to 40%government share on a new home
  • No LMIlenders mortgage insurance not needed4
  • $0NSW stamp duty for eligible first home buyers up to $800k5

How the price adds up

From $590,000 to $604 a week

The government's share is not a loan, so you don't make repayments on it. You only borrow 58% of the price.3

Standard loan, 5% deposit

≈ $916/wk

$560,500 loan at the same rate, plus the same outgoings. Excludes lenders mortgage insurance.

With Help to Buy

$604/wk

About $312 a week less.

Your weekly cost, step by step
1Price: 1-bed, Killarney Ponds, Box Hill2
$590,000
2Your deposit (2%)
$11,800
3Government share (40%), not a loan
$236,000
4Your home loan (58%)
$342,200
5Repayments: 6.3% p.a., principal and interest, 30 years
$488.80/wk
6Outgoings: strata, council and water, $6,000 a year
$115.38/wk
Your weekly cost$604.18/wk

No NSW stamp duty for eligible first home buyers on a home valued at $800,000 or less.5

Using the federal Help to Buy scheme

How Help to Buy works

Help to Buy is a shared-equity scheme. The government buys a share of your home alongside you, so you borrow less and buy sooner. You apply through a participating lender. Help2Buy helps you find an eligible brand-new home and get ready to apply.

  1. 2%Minimum deposit. Your deposit and the government share together cover at least 20%, so no lenders mortgage insurance.
  2. 40%Government share on a brand-new home, up to 30% on an existing home.
  3. $103k/$165kIncome caps: single, or joint and single parents.
  4. $1.3mNSW property price cap for Sydney and regional centres.

Source: Housing Australia, Help to Buy Fact Sheet (1 July 2026), Program Directions 2025 and Property Price Caps, checked 15 November 2026. Eligibility rules apply. Official details: firsthomebuyers.gov.au.

Brand-new projects

Start with these Sydney projects

Each project has a fact sheet and price range. Register to receive floorplans and current availability.

Artist impression of Killarney Ponds, a five-storey apartment building in Box Hill, at sunsetBox Hill NSW

Killarney Ponds

1, 2 and 3 bedroom

[PLACEHOLDER: current price range to confirm]

  • 93 apartments over five floors
  • 2–4 Alan Street. Built by Sitecorp
Register for floorplans
Artist impression of Bridge Road Residences, Homebush, showing the curved balcony facadeHomebush NSW

Bridge Road Residences

$525,000 – $1,245,000

Remaining stock, as at 9 November 2026

  • 80 apartments, studios to 3-bedroom
  • Short walk to Homebush station. Developed by Ventus
Register for floorplans
Artist impression of the Chatham building in West Ryde, street view of the facade and entranceWest Ryde NSW

Chatham

2-bed from $1,030,000

As at October 2026

  • Across the road from West Ryde Plaza
  • About 250 m from the station. Completion January 2027
Register for floorplans

Artist impressions. Prices and availability can change. Confirm with the current price list.

Register

Get the floorplans and see if you're on track

Tell us a little about you and the project you like. We'll send floorplans and walk you through the next steps.

  • Floorplans and current prices
  • A plain-English read on your eligibility
  • No cost to register

Registrations open shortly. The form isn't taking sign-ups just yet, so nothing you type is sent or saved.

Australian mobile, e.g. 0412 345 678

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