What is single parent stream?
The Single Parent Stream, renamed from the Family Home Guarantee on 1 October 2025, is part of the Australian Government 5% Deposit Scheme for eligible single parents and single legal guardians: 2% deposit, no LMI, no income cap, and no annual place limit.
The Single Parent Stream is the part of the Australian Government 5% Deposit Scheme for eligible single parents and single legal guardians with at least one dependent child. Unlike the scheme's General Stream, it isn't restricted to first home buyers, single parents who've previously owned a home but no longer do are eligible.
Terms: 2% minimum deposit (vs. 5% for the General Stream), no LMI charged, Government guarantees the lender up to 18% of the property value. Eligibility: single parent or single legal guardian with at least one dependent child, Australian citizen aged 18+, property under the location's price cap.
The scheme was renamed and expanded on 1 October 2025: the old income limit and the previous 5,000-place annual cap no longer apply. Property price caps are set per location and can be adjusted, so confirm the current cap for your area with Housing Australia.
Also called
FHG · family home guarantee · single parent guarantee · Single Parent Stream
Related
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General information only, not personal financial advice. Verified against https://ratesniffers.com.au/glossary on 2026-09-10.