Newcastle is attracting Gen X South Asian professionals — working remotely from Sydney employers, or relocating for new jobs. But as a first-timer, you're told you need 20% deposit. That's wrong. Government schemes mean 5%, sometimes less.
The real challenge: lenders get uncomfortable with regional employment, remote roles, or relocation. Plus, if you're recently migrated or on PR, standard banks get even stricter.
What you need: a broker who understands regional lending and can position your relocation as positive — stability, lifestyle, family.