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A great start to your first home

If saving for a first home deposit feels like it’s taking forever, the $2,000 Great Start Promotion might be right up your street. It's a smart kick-start to help you get on the property ladder faster.



The offer

Apply for a Great Southern Bank Home Loan between 1 June and 31 December 2021 and we’ll give you $2,000 towards your deposit*.

Plus, to help you save even more, we’ll waive the $600  establishment fee. Bonus!

Available to eligible First Home Buyers, terms and conditions apply.

Did you know?

You may be able to borrow with as little as 5% deposit.

If your 5% deposit is from a cash gift, bonus, or inheritance, but you’re renting, we have great news for you too. Great Southern Bank will consider up to six months of rental payments to show that you can make repayments.

What's in it for you?

The $2,000 Great Start Promotion is just one of the ways we help more Aussies achieve the dream of owning their own home. You’ll power-up your deposit, borrow less, and get into your first home.

Plus, once you have a Great Southern Bank Home Loan, we have a range of helpful tools and features to help you pay your home loan off faster.
Award originally granted to CUA now Great Southern Bank.
$2,000 towards your deposit
Reduce the amount you need to borrow and move in sooner with an extra $2,000 from us!
Save $600 with no establishment fee
Just one of the ways we can help you save and get into your own home sooner.
Simple and competitive home loans
Competitive rates plus smart tools and features to help you pay your home loan off faster.
Flexible repayment options
Want to make extra repayments or fix your repayment amount to help balance the budget? We have a home loan for that.
Reduce Lenders Mortgage Insurance (LMI)
With an extra $2,000 in your deposit, you could save on the cost of LMI and reduce interest over the life of your loan.


Find a home loan today
“Wayne was an absolute champ during the whole process! Always letting me know what I needed to do and answering all the dumb questions I had!”
Robert, 33, WA
Great Southern Bank Customer
Important Information

Great Southern Bank is a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL and Australian Credit Licence 238317. Lending criteria, limits, conditions, and fees apply. Consider the disclosure documents and terms, conditions before making a decision.

The $2,000 Great Start Promotion for first home buyers

*$2,000 will be issued at settlement to Eligible First Home Buyers who apply for a home loan to purchase or construct their first home between 1 June 2021 and 31 December 2021 and (1) for purchases, settlement takes place within 90 days from the promotion end date; or (2) for construction loans, the first drawdown takes place within 90 days from the promotion end date. Great Start will be paid once per property, regardless of the number of loans taken out or the number of applicants. Minimum lending of $250,000 and maximum 95% LVR. Great Southern Bank may withdraw or amend this offer at any time without notice.

Full terms and conditions available at: greatsouthernbank.com.au/greatstart-terms