Home Ownership

Indigenous Business Australia aims to contribute to closing the gap between Indigenous and non-Indigenous home ownership rates, and make buying a home a realistic choice for Aboriginal and Torres Strait Islander individuals and families.

Many Indigenous Australians share the dream of owning a home where they can:

  • create a secure and stable environment to raise and nurture their families
  • avoid the uncertainties of renting
  • create a source of financial security and independence for current and future generations.

The Indigenous Home Ownership program

The McGinness family pictured inside the house they have constructed in Far North Queensland.

The McGinness family have constructed a home that suits the changing needs of their young family.

IBA’s Indigenous Home Ownership program provides an affordable entry into home ownership for Indigenous Australians, particularly those on lower incomes, and first home buyers who have difficulty obtaining housing loan finance from mainstream commercial lenders.

IBA Housing Loans are available to Indigenous Australians buying in most cases their first home and who are unable to borrow all of the required funds from another lender (for example, a bank or credit union).

IBA offers housing loan products to enable eligible customers to buy an established residential property, buy and upgrade an established residential property, or buy land and construct a new home.

IBA also provides loans and coordinates additional assistance for individuals wishing to buy or renovate an existing home or construct a new home in Emerging Market locations.

Whether you are considering home ownership, or managing an existing housing loan, we invite you to read more about:

  • Buying a Home – including preparing for home ownership, purchase options and considerations, and the costs of buying a home.
  • IBA Housing Loans – IBA loan products, loan interest rates and loan fees.
  • Applying for a Housing Loan – the process of obtaining a housing loan with IBA.
  • Managing Your Housing Loan – information that may assist you in managing your finances and meeting your housing loan repayments.

For further information

Download IBA’s Understanding Home Ownership brochure (PDF 922KB, new window) or find out more about our:

Do you know that IBA can also assist Indigenous Australians to enter into business ownership and joint venture investments? Our About Us flyer (PDF 1.8MB, new window) provides a brief introduction to these and other IBA programs and services.

Contact Us

IBA has offices across Australia and our helpful staff are available to assist you.

Find Your Local Office or Freecall 1800 107 107* (and select ‘option 1′ when prompted) to talk to one of our staff. (*Calls to 1800 numbers from mobile or public phones may be timed and charged at a higher rate.)

Privacy In delivering our products and services, IBA handles a great deal of personal information. IBA respects the privacy of its customers and is committed to maintaining your privacy. Information on how IBA handles your personal information can be found in our Privacy Policy. For information about how IBA handles your credit information, please read our Credit Information Policy (PDF 107KB, new window).

Customer Service Charter

IBA is committed to providing its customers with high quality service. Our Customer Service Charter outlines IBA’s commitment to customers and explains how you can tell us what you think of our services. It also outlines the process for receiving and handling customers’ feedback and concerns about the service they receive from us.

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