The initial 3,000 towns and cities have been made available in , towards the leftover 7,000 provided by step 1 March. A new ten,000 places might possibly be offered by step one July for another monetary year. The newest annual limit of ten,000 number in order to lower than that-tenth of number of effective first homebuyers into the 2018, therefore urban centers was scarce.

27 loan providers are participating, and two of the big four finance companies: NAB and you can Commonwealth Bank. Due to the fact loan is eligible, you have got a period of 3 months to buy your property.