The data was supplied by Housing Australia in its response to a Senate estimates question on notice in June. You’re out of free articles for this month“As of 31 May 2026, there have been 1,485 guarantees released due to the property now being an investment property, and 109 guarantees released due to property no longer being the borrower’s principal place of residence,” the organisation said. “When a property is found to have changed its loan purpose, it is released from the 5 per cent Deposit Scheme and is no longer covered by the Guarantee,” it said. The scheme, introduced under the former government, enables first-home buyers to purchase a property with a deposit as little as 5 per cent. Loading form...“Australians who purchase a home through the 5 per cent Deposit Scheme must retain an owner-occupier status while their mortgage is guaranteed by the government,” they told SPI.