Data from ooba Home Loans shows that average deposits declined from 15.6% in Q4 2024 to 12.8% in Q4 2025. More than 50% of applicants qualified for 100% bonds, meaning no deposit required.
This is fantastic news for accessibility. However, while a deposit isn’t always required, it’s still financially wise.
Why Saving for a Deposit Is Still a Smart Move
A deposit can:
- Reduce your monthly bond repayment
- Improve your chances of securing a better interest rate
- Lower your total interest paid over the life of the loan
- Provide a financial buffer after transfer costs
In short, it strengthens your position.
Practical Tips to Build Your Deposit
- Automate your savings: Treat it like a fixed expense.
- Use windfalls wisely: Bonuses, tax refunds, or side income can fast-track your goal.
- Reduce lifestyle creep: Redirect small monthly savings into a dedicated property account.
- Open a separate high-interest savings account: Keep your deposit funds out of reach.
- Set a clear target and timeline: A goal without a deadline often drifts.
The market is becoming more accessible, but disciplined preparation still puts you in the strongest negotiating position.
