What government help can first home buyers get in Australia?

Four main schemes: stamp duty concessions (varies by state), the First Home Owner Grant ($10k to $30k for new builds), the 5% Deposit Scheme (buy with 5% deposit, no LMI), and the First Home Super Saver Scheme (tax-advantaged savings through super).

How much is the First Home Owner Grant?

It varies by state and applies to new builds only. NSW: $10,000 (up to $600k). VIC: $10,000 (up to $750k). QLD: $30,000 (up to $750k). SA: $15,000 (up to $650k). TAS: $30,000 (up to $750k). WA: $10,000 (up to $750k).

Can I buy with a 5% deposit?

Yes, through the 5% Deposit Scheme. Since October 2025, income caps have been removed and places are uncapped. Single parents may qualify with just 2% under the Family Home Guarantee stream.

What Government Help Can You Get? (2025/26)

Eligibility

What help can you get?

Free tool

What government help can you get?

Five questions. 60 seconds. See every grant, concession, and scheme you may be eligible for.

Where are you buying?

What price range?

$200k$2M

New build or existing home?

New builds unlock extra grants in most states.

Buying solo or with someone?

Gross annual income

$30k$300k

Four schemes worth knowing about

Stamp duty concessions

Every state except SA offers a stamp duty reduction or full exemption for first home buyers under a certain price. In NSW, you pay nothing up to $800k. In VIC, the threshold is $600k. The savings can be $20,000 or more.

First Home Owner Grant

A one-off cash payment for buying or building a new home. The amount varies by state: $10,000 in NSW and VIC, $30,000 in QLD and TAS, $15,000 in SA. It does not apply to existing homes.

First Home Guarantee

Buy with a 5% deposit and no lenders mortgage insurance. Since October 2025, places are uncapped and income caps have been removed. Single parents may qualify with just 2% under the Family Home Guarantee stream. Property price caps still apply by location.

First Home Super Saver

You salary sacrifice into super at a 15% tax rate instead of your marginal rate, then withdraw it for your deposit. The tax saving over a bank account can be several thousand dollars. It takes planning, but it is available to anyone with an employer.

Important: This is general information only. It does not take into account your individual objectives, financial situation, or needs. It does not constitute financial advice, legal advice, credit assistance, or a recommendation of any financial product. Figures are estimates based on simplified published schedules and may not reflect current rules.

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Before making any financial decisions, speak to a licensed mortgage broker, financial advisor, or accountant who can assess your specific circumstances. For independent guidance, visit moneysmart.gov.au.

Last reviewed: March 2026.