By, AIDAN DEVINE. THEY had been shut-out of the housing markets of Australia’s major capitals for years but first home buyers have made a dramatic comeback this year, new figures show. First home buyer participation in the housing market has hit a five-year high following a series of concessions introduced by the NSW and Victorian governments. Data from the Australian Bureau of Statistics (ABS) revealed first time buyers accounted for 17.6 percent of all owner-occupier housing loans in October, the highest share of borrowing since November 2012. The 10,061 home loans given to first home buyers nationally was also 37.8 percent higher than at the same time over 2016. Read More Here