First Home Buyer Grants
Federal Home Guarantee Scheme + state-by-state First Home Owner Grants and stamp duty concessions. What's available where.
Federal: Home Guarantee Scheme
Covered in detail in our Home Guarantee Scheme guide. Federally available — lets eligible FHBs buy with 5% deposit (or 2% for single parents) without paying LMI, subject to property price caps by region.
State First Home Owner Grants (FHOG)
FHOG is a one-off cash payment for buyers of new homes (or substantially renovated). Amount and eligibility differ by state. Current values (subject to change — check your state revenue office):
- NSW — $10,000 for new homes ≤$600K (or land + build ≤$750K)
- VIC — $10,000 for new homes ≤$750K
- QLD — $30,000 for new homes ≤$750K (until 30 Jun 2026, then $15,000)
- WA — $10,000 for new builds ≤$750K (south of 26th parallel)
- SA — $15,000 for new homes ≤$650K
- TAS — $10,000 for new builds (no price cap currently)
- ACT — concession-only, no cash grant since 2019
- NT — $10,000 for new builds + free stamp duty for FHBs
Stamp duty concessions (the bigger savings)
Stamp duty concessions for first-home buyers usually save more than the FHOG cash payment. NSW: full exemption ≤$800K (existing), full exemption ≤$1M (new). VIC: full exemption ≤$600K, sliding scale to $750K. QLD: full exemption ≤$700K (rising to $800K from 2026). WA: full exemption ≤$450K, sliding to $600K. Worth confirming current settings on your state revenue office website at the time of purchase.
References
- Treasury — First Home Owner Grant — Federal framework for state-administered grants
- NSW Revenue — First home buyer assistance — NSW state grants and stamp-duty concessions
- VIC State Revenue Office — First home buyer — Victoria FHO grant + stamp-duty rules
- QLD Revenue — First Home Owner Grant — Queensland scheme details
- Housing Australia — First Home Guarantee — Federal LMI-waiver scheme that pairs with state grants
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