First Home Owners Grant

If you qualify for a first home owners grant you could get $10,000 or more. Here's your state-by-state guide to the First Home Owners Grant.

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First home owners grants are offered by almost every state and territory government. These are cash grants available to buyers who have never purchased a home before. The eligibility criteria and grant amounts vary a lot depending on where you live. Find out which first home owners grants may be available to you so you can pursue your dream of home ownership sooner.

If you don't qualify for any grants but you are a first home buyer you may qualify for a stamp duty discount or exemption, which can also save you a lot of money.

Am I eligible for the First Home Owners Grant?

The eligibility criteria for first home buyers differs slightly between the states and territories but generally, eligibility criteria includes:

  • You must be a first home buyer as a person, not as a company or trust.
  • At least one applicant must be a permanent resident or Australian citizen.
  • Each applicant must be at least 18 years old.
  • You or your spouse, partner or co-purchaser must not have previously owned an interest in land in Australia which had a residence on it, before 1 July 2000.
  • You or your spouse or partner cannot have lived in a residential property which you owned from 1 July 2000.
  • You or your spouse, partner or co-purchaser may not have claimed the grant previously.
  • You must occupy your first home as your principal place of residence within 12 months of the construction or purchase of your home and the minimum period of occupancy is 12 continuous months.

There are other state-specific conditions as well, which will depend on the state you're buying in. Below you’ll find information about federal government support for first home buyers and then the grants and stamp duty concessions available in each state and territory. Remember there are a host of eligibility requirements for the grant and duty concessions which can vary from state to state, so be sure to visit your state’s office of revenue website and find out if you’re eligible.

Federal first home buyer support

At the federal level there are several policies and grants aimed at helping first home buyers. Being federal policies it doesn't matter which state or territory you live in, but there are specific eligibility criteria for each policy.

First Home Loan Deposit Scheme

The First Home Loan Deposit Scheme allows eligible first home buyers to get a home loan with just a 5% deposit and avoid the extra cost of lenders mortgage insurance (LMI). Lenders usually charge LMI to borrowers with deposits below 20% of their property's value.

HomeBuilder

The HomeBuilder grant provided support of up to $25,000 for Australian citizens building or renovating homes. There were various eligibility criteria and you didn't have to be a first home buyer to qualify for this one, however, this program closed for applications on March 31, 2021.

Family Home Guarantee

The Family Home Guarantee allows eligible single parents to buy homes with 2% deposits and avoid LMI costs while borrowing the remaining 98%. This doesn't just apply to single parents who are first home buyers. Single parents who have previously owned a home can qualify too.

First Home Super Saver Scheme

Another helpful option for some first home buyers is the First Home Super Saver Scheme. This policy allows eligible buyers to make extra contributions to their super funds and then withdraw them, pay less tax and then use the money to form part of their deposit.

First home owners grants and concessions in NSW

Is there a first home buyers grant?

Yes, the First Home Owner Grant (New Homes) scheme offers a $10,000 grant for the purchase or construction of new homes. The value of the property of a newly constructed property must be under $600,000. If buying land to build a property the combined land and dwelling valued must be less than $750,000.

Are stamp duty concessions available?

Yes, the First Home Buyers Assistance scheme provides first home buyers with exemptions from transfer duty on new homes valued at less than $650,000 and concessions for new homes valued between $650,000 and $800,000. No duty is payable by eligible purchasers buying a vacant block of residential land valued at up to $350,000, while concessions are available for vacant land purchased for between $350,000 and $450,000.

Purchase PriceFirst Home - New Home Duty
$650,000$0
$680,000$6,290
$700,000$10,490
$750,000$20,990
$770,000$25,190
$800,000No discount

Source: Revenue NSW

Learn more about NSW stamp duty and concessions

First home owners grants and concessions in VIC

Is there a first home buyers grant?

Yes, the $10,000 First Home Owner Grant is available to eligible applicants buying or building a new home valued at up to $750,000 in metropolitan Melbourne. A $20,000 First Home Owner Grant is available to applicants buying or building a new home in regional Victoria valued up to $750,000.

Are duty concessions available?

First home buyers purchasing a new or established home valued below $600,000 will be exempt from stamp duty, while buyers purchasing a new or established home valued between $601,000 and $750,000 will be eligible for a stamp duty concession, applied on a sliding scale.

First home buyers can get stamp duty concessions even if they don't qualify for a first home owners grant. It's possible to qualify for both the grant and a stamp duty exemption or concession.

Purchase PriceFirst Home - New Home Duty
$605,000$1,045
$625,000$5,428
$650,000$11,356
$675,000$17,758
$700,000$24,713
$725,000$32,141

First home owners grants and concessions in QLD

Is there a first home buyers grant?

Yes, the Queensland First Home Owners' Grant offers $15,000 to first-time owners buying or building a new home. The grant is available for properties valued at less than $750,000.

Regional home building boost grant

The Queensland state government is also offering a $5,000 grant for first home buyers building a new house, unit or townhouse in regional Queensland valued at $749,999 or less.

To qualify for this grant you need to be aged 18 or older, a permanent resident or citizen and you must not have received this grant before.

This grant is only available for a short time. Your building contract must be entered into between 16 June 2020 and 31 December 2020.

You need to build your new home in one of the following areas:

  • Cairns
  • Central Queensland
  • Darling Downs Maranoa
  • Mackay-Isaac-Whitsunday
  • Queensland-Outback
  • Toowomba
  • Townsville
  • Wide Bay

Are transfer duty (stamp duty) concessions available?

Yes, stamp duty concessions are available if you buy a home valued less than $550,000 or vacant land less than $400,000. The more you pay for your home or land within these limits, the smaller the concession available.

Transfer duty breakdown (for first home purchases)
Purchase priceStamp duty after concession
$500,000$0
$530,000$6,300
$580,000$11,950 (no concession)
Vacant land $240,000$0
Vacant land $300,000$4,125
Vacant land $450,000$14,175

Grants and concessions in the ACT

Is there a first home buyers grant?

Yes, there is a grant of $7,000 to help fund the purchase of a new or substantially renovated home. Properties of $750,000 or less are eligible.

Are stamp duty concessions available?

From 1 July 2019 buyers in the ACT can avoid paying duty if all buyers are over 18 and earning a combined income below the threshold (listed below). Buyers must live in the home continuously for 12 months and all buyers must not have owned a property in the past two years.

Total income (including partner)Number of dependent children
$160,0000
$163,3301
$166,6602
$169,9903
$173,3204
$176,6505+

Grants and concessions WA

Is there a first home buyers grant?

Yes, the FHOG of $10,000 is available if you are buying or building a new home. Eligible properties located south of the 26th parallel of south latitude are limited to $750,000, while properties north of the 26th parallel of south latitude are limited to $1 million.

Are stamp duty concessions available?

Yes, the First Home Owner Rate of Duty provides exemptions and concessions when purchasing homes valued at less than $530,000 and vacant land less than $400,000.

Purchase PriceGrant/Concession
Less than $430,000Exempt from stamp duty
$430,000 to $530,000Duty payable at a rate of $19.19 for every $100, or part of $100, by which the value exceeds $430,000
$530,001 or moreNo concession or exemption
Vacant land less than $300,000Exempt from stamp duty
Vacant land $300,000 to $400,000Duty payable at a rate of $13.01 for every $100, or part of $100, by which the value exceeds $300,000
Vacant land $400,001 or moreNo concession or exemption

Grants and concessions SA

Is there a first home buyers grant?

Yes, the FHOG of up to $15,000 is available for the purchase and construction of new homes valued up to $575,000.

Are stamp duty concessions available?

There are no exemptions specific to First Home Buyers but you may be eligible for the off-the-plan stamp duty concession if you purchase a new or substantially refurbished apartment, capped at the stamp duty payable on a $500,000 valued apartment.

Grants and concessions in TAS

Is there a first home buyers grant?

Yes, the $20,000 FHOG is available for buying a new home, buying a home off the plan or building a new home. This will reduce to $10,000 from 1 July 2020.

Are property transfer duty concessions available?

First home buyers purchasing established homes can receive a 50% discount on stamp duty if their property's value us $400,000 or less.

Grants and concessions in NT

Is there a first home buyers grant?

Yes, the $10,000 FHOG is available to eligible applicants who purchase or construct a new home. No limit applies to the value of the property you buy or build.

Are stamp duty concessions available?

Yes, the Territory Home Owner Discount (THOD) is available to first home buyers building or purchasing a new home, or buying an established home. You can get up to $18,601 off your stamp duty costs.

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All your questions about the first home owners grant answered

To help you to understand the First Home Owners Grant we have compiled a list of answers to some of the most frequently asked questions:

  • What happens if I move out of my home in the first 12 months? If you have lived in your home for a continuous period of six months, you may keep the grant, but if you move out before this time, you need to repay the grant.
  • Can I apply for the first home owner grant if I'm a temporary resident? Unfortunately first home owner benefits aren't available for temporary residents. They also can't be retroactively applied for once permanent residency is obtained.
  • My partner and I are buying the property jointly and neither of us has owned a property before. Do we each get a grant? No. A single grant is payable per property transaction not per person.
  • Does my income affect the grant and is the grant taxed? No, the grant is not means tested and you do not have to pay tax on it.
  • What sort of home qualifies me for the grant? Depending on the state or territory an eligible home may be a new or established Australian house, home unit, flat or other type of self contained fixed dwelling that meets local planning standards. The specific rules vary by state.
  • Will I be eligible for the First Home Owner if I buy an on-site home in a caravan park? You would qualify for the grant provided the home is fixed (i.e. not moveable), but you would not be eligible if you bought a moveable home such as an unfixed mobile home or a caravan.
  • I am buying an existing home. Does that qualify me for the grant or does it have to be a new home? This depends on the state, with many now limiting the grant to purchasers of new or substantially renovated homes.
  • I'm buying a home in Australia but I already own property outside Australia, does that mean I don't qualify for the grant? You can be eligible for the grant provided you have not owned property in Australia before.
  • I inherited a property. Can I claim the First Home Owner Grant for that? No. You must be a buyer or builder of the property.

More grants and support for first home buyers

If you're researching about the home buying process and need help, here's a list of helpful guides:

First Home Buyer Home Loans Comparison

$
years
Name Product Interest Rate (p.a.) Comp. Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
Suncorp Back to Basics Home Loan
2.44%
2.45% p.a.
$0
$0 p.a.
80%
$589.12
A competitive variable interest rate loan with low fees. The establishment fee is waived if you borrow $150,000 or more.
Greater Bank Great Rate Fixed Home Loan
1.69%
3.49% p.a.
$0
$0 p.a.
110%
$532.6
Get one of the lowest rates on the market with this fixed rate mortgage. NSW, QLD and ACT residents only.
UBank UHomeLoan Variable Rate
2.34%
2.34% p.a.
$0
$0 p.a.
80%
$581.39
Enjoy flexible repayments, a redraw facility and the ability to split your loan. Plus, pay no application or ongoing fees.
Westpac Flexi First Option Home Loan
2.29%
2.72% p.a.
$0
$8 monthly ($96 p.a.)
95%
$577.55
A flexible and competitive variable rate loan from Westpac. This loan is available with a low deposit.
Australian Unity Health, Wealth and Happiness Package Fixed Home Loan
1.99%
2.91% p.a.
$0
$399 p.a.
80%
$554.81
Up to $2,000 cashback.
Borrowers with min. 20% deposits or equity are eligible for this ultra-low rate loan, packed with features. You may qualify for up to $2,000 cashback (Terms, conditions and exclusions apply).
loans.com.au Smart Booster Discount Investor Variable Home Loan
1.99%
2.71% p.a.
$0
$0 p.a.
80%
$554.81
If you have an owner occupier loan with loans.com.au you can also get this very low rate variable mortgage for your investment property. Principal and interest repayments. Add an offset account for an additional 0.10% on your interest rate. Get your loan processed fast and settle within 30 days.
St.George Basic Home Loan
2.54%
2.56% p.a.
$0
$0 p.a.
90%
$596.91
Borrowers can get this flexible and competitive variable loan with just a 10% deposit.
homeloans.com.au Low Rate Home Loan with Offset
2.59%
2.61% p.a.
$0
$0 p.a.
90%
$600.83
Save on interest with a free 100% offset account and buy your property with just a 10% deposit. This loan is not available for construction.
IMB Budget Home Loan
2.68%
2.74% p.a.
$449
$0 p.a.
95%
$607.92
NSW and ACT customers only. You can get an interest rate discount for a limited time with this competitive variable mortgage.
Newcastle Permanent Building Society  Premium Plus Package Fixed Rate
2.28%
3.84% p.a.
$0
$395 p.a.
95%
$576.78
$2,000 refinance cashback
Enjoy a competitive rate with no application fee for this package loan. $2,000 cashback for eligible refinancers borrowing $250,000 or more.
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142 Responses

    Default Gravatar
    PeterDecember 10, 2019

    I have used my First Home Owner grant but would like to purchase a house jointly with my partner who is eligible and has not used her grant. Can we receive the grant benefit under these circumstances?

      Avatarfinder Customer Care
      JoshuaDecember 12, 2019Staff

      Hi Peter,

      Thanks for getting in touch with Finder. I hope all is well with you. 😃

      I understand you want to know if you can purchase a house jointly with your partner who is eligible for the First Home Owners Grant (FHOG).

      Regarding your question, Peter, I’m afraid the answer is no. One of the requirements for you to take advantage of the FHOG is that you, your partner, or co-purchaser must not have previously owned an interest in land in Australia which had a residence on it, before 1 July 2000. If you don’t meet this requirement, you might not be able to use FHOG.

      If you need further help, please check with your local government unit to learn more.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

    Default Gravatar
    BenDecember 2, 2019

    could you please tell if you can claim FHOG in Qld for a second hand house and how much.
    Thank you.

      Default Gravatar
      NikkiDecember 4, 2019

      Hi Ben,

      Thanks for your comment and I hope you are doing well. The FHOG is only for first homes in any state in Australia.

      Hope this helps and feel free to reach out to us again for further assistance.

      Best,
      Nikki

    Default Gravatar
    HarisSeptember 29, 2019

    If I already have an investment property in Victoria, am eligible for the first home owner grant?

      Avatarfinder Customer Care
      JeniSeptember 30, 2019Staff

      Hi Haris,

      Thank you for getting in touch with Finder.

      I’m afraid no as the first home owners grant is given to residents who have never had any property in Australia. You may visit Victoria state revenue office’s official website or reach them out for more info on this matter.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

    Avatarfinder Customer Care
    JeniAugust 22, 2019Staff

    Hi Keegan,

    Thank you for getting in touch with Finder.

    Kindly get in touch with your state revenue office on this matter. Basically, it continues until whenever the government decides to change it, however, for the regional Victoria first homeowners grant, yes, it expires on the 30th of June 2020 so you need to sign the contracts by that day. But this is only available in eligible parts of regional Victoria.

    I hope this helps.

    Thank you and have a wonderful day!

    Cheers,
    Jeni

    Default Gravatar
    NehaAugust 21, 2019

    How is the 750,000 calculated.
    the price you bought the land for plus the contract price for the build? or is it the value of your land at the time of your loan and value of your house including driveway and landscaping (assuming you dont get the driveway and landscaping done from the builder)?

      Default Gravatar
      NikkiAugust 22, 2019

      Hi Neha,

      Thanks for your question.

      Effective from 1 July 2017, the NSW First Home Owner Grant for new homes is capped at $750,000 for contracts to construct a new home or to owner build, including the land.

      Hope this helps!

      Best,
      Nikki

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