First Home Owners Grant

Your state-by-state guide to the First Home Owners Grant.

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

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.

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

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.

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

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.

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

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+

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

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.

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.

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.

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.

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.

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.

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First Home Buyer Home Loans Comparison

Rates last updated December 14th, 2019
$
Loan purpose
Offset account
Loan type
Repayment type
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Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
loans.com.au Smart Home Loan - (Owner Occupier, P&I)
2.88%
2.90%
$0
$0 p.a.
80%
Get one of the lowest variable interest rates on the market and pay 0 application or ongoing fees.
UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000
2.84%
2.84%
$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.
Tic:Toc Live in 10% deposit Variable Rate - Principal & Interest
2.79%
2.80%
$0
$0 p.a.
90%
Get a very low interest rate and pay no application, settlement or valuation fees. Apply online for full approval in real time and add a 100% offset account for $10 a month.
Mortgage House Advantage Home Loan - 80 (PAYG Essentials)
2.88%
2.92%
$600
$10 monthly ($120 p.a.)
80%
A competitive variable rate for home buyers with a 20% deposit. This product has a 100% offset account.
St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)
2.99%
3.01%
$500 (waived for loans above $150,000)
$0 p.a.
80%
Online only cashback offer: Refinancers borrowing $250,000 or more can get a $4,000 cashback for their first application (Other terms, conditions and exclusions apply). Buyers and refinancers can get this competitive variable interest rate. Application fee waived for loans above $150,000.

Mortgage House Advantage Home loan (Special - PAYG)
3.19%
3.22%
$600
$0 p.a.
90%
A competitive variable rate for PAYG home buyers. Available with a 10% deposit.
Suncorp Back to Basics Home Loan - Better Together Special Offer $150k+ LVR<=90% Incl. LMI (Owner Occupier, P&I)
3.03%
3.04%
$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.
Greater Bank Great Rate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier)
2.79%
3.82%
$0
$0 p.a.
90%
Get one of the lowest rates on the market with this fixed rate mortgage. Available with just a 10% deposit. Guarantor option available. NSW, QLD and ACT residents only.
State Custodians Low Rate Home Loan with Offset - LVR 80% to 90% (Owner Occupier, P&I)
3.20%
3.22%
$0
$0 p.a.
90%
Save on interest with a free 100% offset account and buy your property with just a 10% deposit.
Hume Bank Intro Package - 2 Year Fixed (Owner Occupier P&I)
2.88%
4.11%
$0
$375 p.a.
95%
$2,000 cashback for eligible refinancers. Get a very low fixed interest rate for two years plus package discounts. Available with a 5% deposit.

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142 Responses

  1. 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

  2. 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.

    • Avatarfinder Customer Care
      NikkiDecember 4, 2019Staff

      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

  3. 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

  4. 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 the regional Victoria first home owners grant, yes, it expires on 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

  5. 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)?

    • Avatarfinder Customer Care
      NikkiAugust 22, 2019Staff

      Hi Neha,

      Thanks for your question.

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

      Hope this helps!

      Best,
      Nikki

  6. Default Gravatar
    DanielAugust 16, 2019

    Are first home owners subject to land withholding tax even if they don’t receive tax credits?

    • Avatarfinder Customer Care
      JeniAugust 17, 2019Staff

      Hi Daniel,

      Thank you for getting in touch with Finder.

      Withholding may apply if you purchase new residential property like land. To verify further on this matter, please get in touch with you state’s revenue office.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

  7. Default Gravatar
    TylerAugust 2, 2019

    Hello,

    Am I eligible if I buy a house interstate? I’m victorian but keen to purchase in QLD. Secondly, how many months payslips is required? I can easily deposit covered but not working at the moment.
    Thank you!

    • Avatarfinder Customer Care
      NikkiAugust 3, 2019Staff

      Hi Tyler,

      Thanks for your question! Yes, you can be eligible to buy a house interstate. As it says on the ATO website, you must be an Australian citizen or permanent resident (or applying with someone who is). Note that every state have different rules on FHOG so make sure to check your current state’s FHOG rules and the one in QLD.

      As far as QLD is concerned, you can be granted an FHOG provided that you or your spouse must not have previously received a first homeowner grant in any state or territory of Australia. If you received a grant that you later paid back, together with any penalty, you may be able to reapply for the grant.

      Hope this helps and best of luck on your new home!

      Best,
      Nikki

  8. Default Gravatar
    ShaneJuly 25, 2019

    Hi guys my name is Shane. Just a query regarding first home loan grants in WA. I used to own a house on the Gold Coast that was 50/50 tenants in common with my brother. At the time I wasn’t eligible for first home loan grant because my brother had already owned a house therefore, I missed out. If I was to buy a house in WA with my girlfriend(who’s never owned a home), will I have to miss out again because I once owned a place even though I never received a grant?

    Cheers!

    • Avatarfinder Customer Care
      JeniJuly 25, 2019Staff

      Hi Shane,

      Thank you for getting in touch with Finder.

      You’re correct. You won’t be eligible for the FHOG as you have owned a property before in Australia and if you are buying with your girlfriend, she automatically doesn’t qualify also since the co-buyer has owned a house before in Australia.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

  9. Default Gravatar
    Chris DJuly 9, 2019

    What exactly does “buying or building a new home ” mean. Does buying an established home mean the grant is not available?
    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. 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.

    • Avatarfinder Customer Care
      FayeJuly 10, 2019Staff

      Hi Chris,

      Thanks for contacting Finder.

      Yes. You are correct. The First home owners buying or building a new home may apply for a grant of up to $10,000. The current FHOG applies to new residential dwellings only and does not apply to established homes, vacant land, business premises, holiday houses or minor renovations to an existing home.

      I hope that helps.

      Kind Regards,

      Faye

  10. Default Gravatar
    ScrivenerFebruary 7, 2019

    I was my mother’s carer for many years and lived at home. When she died, intestate, in 2009 I received a one-third share of the house. I was allowed to live in the house rent-free. After a couple of years, the other two decided the property should be rented out and I moved in with my sister. A couple years further on my sister moved house to a locality I wasn’t keen on moving to so I moved in with a friend (platonic). Then last year “Mum’s” house was sold and I got my one-third share which has left me just enough to buy a modest unit or villa.

    I would be interested to know if I am eligible for the FHOG given that I meet all the other criteria (natural person, Aussie etc).

    • Avatarfinder Customer Care
      JeniFebruary 11, 2019Staff

      Hi Scrivener,

      Thank you for getting in touch with finder.

      Please note that state grants and FHOG eligibility requirements vary by state. It is also important to consider which type of house you are purchasing as well as its cost to find out if you’re eligible for a First Home Owners Grant. You may check your state’s condition on FHOG by visiting or contacting your state’s revenue office.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

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