First Home Buyer Grants in Australia: State-by-State Guide 2026

Buying your first home in Australia comes with a patchwork of government assistance — federal schemes, state grants, and stamp duty concessions that can collectively save you tens of thousands of dollars. The challenge is knowing what applies to you. This guide lays it all out, state by state, for 2026.

Federal Schemes (Available Nationwide)

First Home Guarantee (FHBG)

The federal government guarantees part of your home loan, allowing eligible buyers to purchase with as little as a 5% deposit without paying LMI. The government acts as guarantor for up to 15% of the loan value.

• 35,000 places available per financial year
• Must be an Australian citizen or permanent resident, aged 18+
• Income caps apply: $125,000 for singles, $200,000 for couples
• Property price caps vary by location (check Housing Australia for your area)

First Home Super Saver Scheme (FHSSS)

Allows you to make voluntary contributions to your superannuation and then withdraw them (plus earnings) to use as a home deposit. You can access up to $50,000 in eligible contributions per person, saving on tax in the process.

New South Wales

• First Home Owner Grant: $10,000 for new homes valued up to $600,000
• Stamp duty exemption: Full exemption for new and existing homes up to $800,000 / $650,000 respectively
• Stamp duty concession: Partial reduction for new homes $800k–$1M and existing homes $650k–$800k
• Annual property tax option: First home buyers can opt into an annual land tax instead of upfront stamp duty

Victoria

• First Home Owner Grant: $10,000 for new homes valued up to $750,000 in metro areas; $20,000 for regional purchases
• Stamp duty exemption: Full exemption on homes up to $600,000 (principal place of residence)
• Stamp duty concession: Reduced duty on homes $600k–$750k for owner-occupiers

Queensland

• First Home Owner Grant: $30,000 for new homes signed after 20 November 2023 (valued up to $750,000)
• Stamp duty concession: No stamp duty for homes up to $700,000 (owner-occupier); concessions up to $800,000

Western Australia

• First Home Owner Grant: $10,000 for new homes in the south-west land division
• Stamp duty exemption: Full exemption for established homes up to $450,000; new homes up to $550,000 (first home buyers)

South Australia

• First Home Owner Grant: $15,000 for new homes (no price cap currently applies)
• No first home buyer stamp duty concession — standard rates apply

Tasmania

• First Home Owner Grant: $10,000 for new homes
• Stamp duty concession: 50% concession on properties up to $600,000 for first home buyers purchasing established homes

ACT

• No First Home Owner Grant — ACT abolished it in favour of broader stamp duty concessions
• Home Buyer Concession Scheme: No stamp duty for eligible buyers subject to income and property value thresholds

Northern Territory

• First Home Owner Grant: $10,000 for new homes
• Territory Home Owner Discount: Up to $18,601 off stamp duty