2020 First Home Buyer Award

2020 First Home Buyer Award

Canstar’s First Home Buyer Award is given to the financial institutions on our database found to provide the strongest combination of products and services to first home buyers in Australia. 

The Award aims to recognise institutions offering outstanding value home loans as well as additional services that could particularly benefit first home buyers in helping them reach an informed decision. The institutions which receive the highest scores across these areas are awarded the First Home Buyer Award.

The Award is given both to the banks that came out on top nationally, as well as the customer-owned institutions of the year in various states and territories. The customer-owned institution awards consider mutual banks, credit unions and building societies.

Released July 2020

2020 First Home Buyer Award

Bank of the Year

  • BankSA
  • Bank of Melbourne
  • St. George

Customer Owned Institution of the Year - NSW

  • Newcastle Permanent

Customer Owned Institution of the Year - NT, SA, & VIC

  • People's Choice Credit Union

Customer Owned Institution of the Year - QLD

  • MOVE Bank

Customer Owned Institution of the Year - WA

  • CUA

Numbers crunched by Canstar Researchers

Institution_icon1
92
providers assessed
Home Loan Canstar Icon
533
products considered
Winner Canstar Icon
7
Award-winning providers

What are this year’s winners offering first home buyers?

First home buyers have a specific set of needs – here’s how our Award-winning providers are catering to those needs.

2020 First Home Buyer Award Winners

Bank of the Year
BankSA: Outstanding Value Award Winner | Canstar
St George: Outstanding Value Award Winner | Canstar
Customer Owned Institution of the Year - NSW
Newcastle Permanent: Outstanding Value Unsecured Personal Loan
Customer Owned Institution of the Year - NT, SA, & VIC
Customer Owned Institution of the Year - QLD
MOVE Bank
Customer Owned Institution of the Year - WA
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