The state-by-state guide to the First Home Owners Grant

Learn the ins and outs of the First Home Owners Grant to see if it applies to you

First home owner grants

The First Home Owner Grant (FHOG) scheme was introduced by the Australian government on July 1, 2000 to offset the affect of GST on home ownership and to make it easier for young Australians to enter the property market. This national scheme is administered under the laws of each state.

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Under this scheme, a one-off grant is typically offered to first home owners that fulfil the eligibility criteria as outlined by the governing state.

Making the decision to purchase a property is important so as a responsible and diligent first home buyer, you should have carefully reviewed your budget, compared different home loans and researched the property market.

Find out which grants and concessions may be available to you so you can pursue your dream of home ownership sooner.

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Grants and Concessions Available for Each State

Below you’ll find the grants and stamp duty concessions available in each state. 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.

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 six continuous months.

There are other state specific conditions as well, which will depend on the state you’re buying in.

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.

Where to from here?

Yes, buying your first home is hard, and yes, saving for your first home deposit is a monumental task.

But while life can be a hard and expensive journey, you can make it easier and more affordable if you hold all the information. Find out more about buying your first home using our first home buyers guide.

It's also useful to compare what home loan rates are to get an idea of what monthly repayments you'll be paying.

Use the table and calculator below to do this.

First Home Buyer Home Loans Comparison

Rates last updated May 25th, 2018
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
3.79%
3.79%
$0
$0 p.a.
80%
Pay no application and ongoing fees with Macquarie Bank Basic Home Loan.
3.64%
3.67%
$0
$0 p.a.
80%
A mortgage with a competitive variable rate, limited fees and plenty of flexibility.
3.69%
3.69%
$0
$0 p.a.
80%
Enjoy flexible repayments, a redraw facility and the ability to split your loan. Plus, pay no application or ongoing fees. Refinance to a UBank loan and you could get $1,000 in your USaver account (offer conditions apply).
3.68%
3.83%
$0
$10 monthly ($120 p.a.)
80%
Get a 100% offset account to save on interest charges, and pay no application fee.
3.54%
3.58%
$0
$0 p.a.
80%
Eligible borrowers can get $900 cashback on this loan with a 100% offset account and a redraw facility.
3.77%
3.81%
$200
$0 p.a.
95%
A simplified mortgage with a low interest rate and a redraw facility.
3.64%
4.03%
$0
$395 p.a.
80%
New borrowers or refinancers from another lender get a discounted rate with this package loan.
3.70%
4.13%
$0
$395 p.a.
90%
Package your loan with an eligible credit card for discounts on rates and fees, and get a 100% offset account.
3.69%
4.86%
$0
$395 p.a.
90%
Start your home buying journey with 2 years of fixed repayments and a reasonable rate from a big 4 bank. Available with a 10% deposit.
3.68%
3.69%
$0
$0 p.a.
90%
Get one free online redraw per month and pay no ongoing fees. Application fees are waived for loans above $150,000.
3.79%
4.06%
$0
$20 monthly ($240 p.a.)
80%
Add a Platinum Rewards Mastercard with this package loan and you could earn 150,000 Bendigo reward points (Victoria only, terms and conditions apply).
3.69%
3.74%
$600
$0 p.a.
80%
A competitive variable rate for borrowers with a 20% deposit or more. Guarantor option available.
3.96%
3.98%
$0
$0 p.a.
90%
For a limited time, pay no application or settlement fees. You can also take advantage of a free redraw facility.
3.99%
5.17%
$600
$0 p.a.
90%
Competitive rates for fixed for 3 years with redraw facility.
3.69%
4.11%
$0
$395 p.a.
80%
Save on interest with a 100% offset account and save on other ME products with this package loan.
3.89%
4.87%
$0
$0 p.a.
90%
Borrow up to 90% of the value of the property you're buying and pay no application or ongoing fees.
3.85%
4.82%
$600
$35 monthly ($420 p.a.)
90%
Make up to $10,000 in extra repayments per year and take advantage of a flexible repayment schedule.
4.09%
4.12%
$0
$0 p.a.
95%
Buy a home with just a 5% deposit and get flexible repayment options and a redraw facility.
4.14%
4.81%
$0
$0 p.a.
80%
Pay no application fees and access a fee-free redraw facility with this fixed rate loan.
3.79%
4.97%
$0
$0 p.a.
90%
Investors can take advantage of a short term fixed rate with no application or ongoing fees.
3.69%
3.73%
$600
$0 p.a.
95%
Variable rate home loan from one of the big 4 banks. Available with just a 5% deposit.
3.94%
4.79%
$0
$0 p.a.
95%
A low 3-year fixed rate with the option to split your loan for free.
4.39%
4.78%
$0
$395 p.a.
95%
A low deposit package home loan. Combine your loan to get discounts on your interest rate and other NAB financial products.
3.69%
3.71%
$0
$0 p.a.
80%
Family guarantee option available. Enjoy flexible repayments and a low minimum loan amount.
3.59%
4.42%
$600
$0 p.a.
95%
Get a 1% discount for the first two years of your loan and pay no application or ongoing fees.

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Abolition of the First Home Saver Accounts (FHSA) Scheme

Saving money for any goal can require dedication, control and perseverance which many of us can find lacking in ourselves especially when the goal is as large as a home loan deposit. That is why the Australian Government introduced the First Home Saver Account in 2008, to make it easier for young Australians to build their home deposit by locking away funds until they're ready to purchase, and even offering government contribution incentives.

However, the Australian government abolished the FHSA scheme on July 1, 2015. This means that all first home saver accounts are now treated like an ordinary held with a provider, and;

  • Restrictions on withdrawals were removed on July 1, 2015. Account holders could withdraw and use the balance of their account as they see fit from this date onwards.
  • No government FHSA contributions were paid for the 2014-2015 financial year.
  • If you were entitled to FHSA contributions for a previous period, the government continued to pay these. If this applies to you, then you need to ensure that you claim any outstanding government FHSA contributions on or before June 30, 2017.
  • Tax and social security concessions ceased from July 1, 2015.

From July 1, 2015:

  • You can use the funds in your account for any purpose.
  • Tax concessions cease.
  • Your account is included in any income and asset tests that apply to government benefits.
  • You must report interest from your account when you complete your tax return (starting with interest earned in the 2015-2016 income year).
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Important Information*
NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I) First Home Buyer Special

Start your home buying journey with 2 years of fixed repayments and a reasonable rate from a big 4 bank. Available with a 10% deposit.

UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupied Variable P&I Rate — borrowing $700,000 or more

Pay no application or ongoing fees and get access to a redraw facility and flexible repayment schedule. Refinance to a UBank loan and you could get $1,000 in your USaver account (offer conditions apply).

Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer ($150,000+ Owner Occupier, P&I)

New borrowers or refinancers from another lender get a discounted rate with this package loan.

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115 Responses

  1. Default Gravatar
    October 31, 2017

    I bought my first home about 2years ago i was never advised of these grants i didn’t receive anything can i still claim as i bought new i have spent thousands fixing it due to poor workmanship is it to late to claim

    • Staff
      HaroldOctober 31, 2017Staff

      Hi Shane,

      Thank you for your inquiry.

      The grants vary by state. It would be nice that you will seek for professional legal advice pertaining to the state where you bought your home. For your reference please read the guide provided on this page. In relation to this, due to two years have passed you may ineligible for the grant.

      I hope this information has helped.

      Cheers,
      Harold

  2. Default Gravatar
    LauraOctober 21, 2017

    I am a first home buyer, purchased a property and got the free stamp duty.
    When do I have to move into the property? I currently have tenants. I understand I have to be the primary resident for a continuous 6 months, within the first 12months however, do I have to move in at month 6 or can I wait till the 11th month then move in? The property is in NSW.

    • Staff
      LiezlOctober 22, 2017Staff

      Hi Laura,

      To reiterate the residency requirement – at least one of the applicants must occupy the home as their principal place of residence for a continuous period of 6 months commencing within 12 months from completion of the agreement. Hence, you would have to move latest at the end of the 6th month to satisfy the condition. Moving at the start 11th month will only complete 2 months of the first year from owning your home.

      Cheers,
      Liezl

  3. Default Gravatar
    PeterSeptember 20, 2017

    I currently own an investment property in NSW. Do I still qualify for stamp duty exemptions if I purchase a property now as a owner occupier and live in it for 6months.

  4. Default Gravatar
    MargretSeptember 13, 2017

    My husband owned a house in 1987 with his first wife now remarried are we or am I intitled to the first home buyers grant ? Has I have never owned a house before .. thanks

    • Staff
      DanielleSeptember 14, 2017Staff

      Hi Margret,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      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 six continuous months.

      I would suggest that you contact a mortgage expert within your area, or your local council, to verify if you or the both of you will still be eligible for a FHOG.

      I hope this helps.

      Cheers,
      Danielle

  5. Default Gravatar
    BrenAugust 2, 2017

    If you have a first home buyers grant – what happens if in the future someone wants to buy into the property if you got into a relationship for e.g

    • Staff
      ArnoldAugust 4, 2017Staff

      Hi Bren,

      Thanks for your inquiry.

      It wouldn’t have any effect. As long as you are first home owners that fulfill the eligibility criteria as outlined by the governing state. For more information please see our FHOG guide here https://www.finder.com.au/home-loans/first-home-owners-grant

      Hope this information helped.

      Cheers,
      Arnold

  6. Default Gravatar
    LynetteJuly 9, 2017

    What sort of document/receipt from purchasing a fixed home in a caravan park from a private sale will I need to support evidence for a first home grant refund in Qld and where / how do I apply for this $15,000 return is my question?

    • Staff
      ArnoldJuly 9, 2017Staff

      Hi Lynette,

      Thanks for your inquiry.

      Please prepare the following documents:

      1. A new and completed declaration or application form for the relevant exemption, concession or reduction and applicable period.
      2. A covering letter outlining your reasons for a refund
      3. Any supporting documents requested in the application form specific to your circumstances.

      For more information, please visit this government page.

      Hope this information helped.

      Cheers,
      Arnold

  7. Default Gravatar
    ZinaJune 29, 2017

    I am possibly inheriting a property as a co owner with my siblings. If I’m listed as an owner for this property, will I lose my entitlement to a first home buyers grant?

    • Default Gravatar
      JonathanJune 29, 2017

      Hi Zina!

      Thanks for the question.

      If you held a relevant interest in the previous home on or after 1 July 2000 and did not occupy it for a continuous period of six months or more, you may be eligible. Some state specific rules may be applicable, so you may need to confirm this with your local property office.

      Hope this helps.

      Cheers,
      Jonathan

  8. Default Gravatar
    BassLocalJune 14, 2017

    I am looking to purchase a rural block of land to build a small dwelling on, How long after purchasing the block do i have to start or finish building, Thankyou

    • Staff
      LiezlJuly 1, 2017Staff

      Hi BassLocal,

      Thanks for your question.

      That will actually depend on the location of the property which you intend to purchase as the eligibility criteria vary from state to state.

      For instance, if this property is in Victoria, owner builders who begin building their home wholly in regional Victoria within this 1 July 2017 to 30 June 2020 period and meet all the other FHOG eligibility criteria qualify for $20,000 FHOG.

      In NSW on the other hand, there is no time limit on when you need to commence building the home. However, the Chief Commissioner must be satisfied that the vacant land is intended to be used as the site of a new home which will be occupied by the applicants.

      It’s a good idea to check State Revenue’s website for full information on FHOG scheme in your state.

      I hope this helps.

      Cheers,
      Liezl

  9. Default Gravatar
    BradleyJune 12, 2017

    I am looking a purchasing a partly built house.(previous owners had a Development application approved by council but it doesn’t appear they ever had any building inspections done.) I would borrow to buy land and finish off the dwelling.

    Would I be entitled to the FHOG

    • Staff
      LouJune 13, 2017Staff

      Hi Bradley,

      Thanks for your question.

      Your eligibility to receive FHOG depends on where the property is located. Is some state, FHOG is only available to new or partially renovated homes while in other states, FHOG is also available when buying an established home.

      You may want to take our short quiz above to find out if you’ll be eligible for FHOG or not.

      Cheers,
      Anndy

  10. Default Gravatar
    toddJune 3, 2017

    Do I qualify for FHOG if I already own an investment property but have never lived in a residential property that I own?

    • Default Gravatar
      JonathanJune 3, 2017

      Hi Todd!

      Thanks for the inquiry.

      Please be advised that FHOG usually excludes investment properties. As long as you meet the eligibility criteria as per your local state, you may apply for one.

      Should you need further assistance, you may submit an enquiry by clicking “Speak to a Mortgage Broker” tab on the First Home Buyer Home Loans Comparison table.

      Hope this clarifies.

      Cheers,
      Jonathan

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