Seeking your first home?
For many people, the obstacle to reaching home ownership is the deposit. It can take years to put money aside, and often, years of paying rent that builds no equity.
Now, the pathway is easier.
With the Australian Government’s Home Guarantee Scheme and our range of affordable house and land packages at Floriana, the transition from renting to owning is within reach.
What is the Home Guarantee Scheme?
The Home Guarantee Scheme enables every eligible first home buyer* to purchase at Floriana with just a 5% deposit.
That means saving years of waiting and thousands of dollars while stepping into your own home sooner.
- Just 5% deposit needed – Government guarantees the remaining 15% normally needed to reach a 20% deposit
- No Lenders Mortgage Insurance (LMI) – save thousands, and put that money towards your home instead
- No income caps – even higher income earners are eligible for the scheme
- Unlimited places – every eligible first home buyer has access
The Scheme in Action
Floriana is one of Ballarat’s fastest-selling new communities. It delivers on lifestyle and convenience, all within a peaceful, boutique setting that will feel instantly like home.
So, how can you make it yours?
OFarrell 16 Package by DBN Homes
Priced from $515,800*

- Without the scheme: $103,160 deposit
- With the scheme: $25,790 deposit
Estimated monthly repayments: Approx. $2,261*
This is comparable to what many renters are already paying each month towards someone else’s mortgage.
Why keep paying rent when you could be building equity in your own home?
Extra Support for Victorian buyers
On top of the federal scheme, eligible Floriana buyers may benefit from:
- $10,000 First Home Owner Grant (FHOG) – for new home builds valued up to $750,000*
- Off-the-plan stamp duty concession – pay duty on the land value only (available until October 2026)*

Check your Eligibility
Take the first step. Call or SMS our team for more information about our affordable house and land packages. We have a great selection of stylish, quality home designs from the region’s most trusted builders.
*For detailed information and eligibility criteria relating to the below schemes, please visit: