First Home Buyer Grants in Australia 2025: Complete State-by-State Guide
Quick Summary: Maximum Benefits by State
NSW: Up to $35,000
First Home Owner Grant + Stamp duty exemption
VIC: Up to $37,500
FHOG + Regional bonus + Stamp duty savings
QLD: Up to $30,000
Grant + Regional boost + Concessions
WA: Up to $27,500
FHOG + Regional incentives
Buying your first home in Australia has never been more challenging, but government grants and concessions can save you tens of thousands of dollars. This comprehensive guide breaks down every grant, scheme, and concession available to first home buyers in 2025, updated with the latest changes from each state government.
Federal First Home Schemes
1. First Home Guarantee (FHBG)
The Federal Government's First Home Guarantee allows eligible buyers to purchase with just a 5% deposit without paying Lenders Mortgage Insurance (LMI).
Key Details:
- • Deposit required: 5% (Government guarantees up to 15%)
- • Places available: 35,000 per year
- • Income limits: $125,000 (singles), $200,000 (couples)
- • Property price caps: Vary by location (e.g., Sydney $900,000)
2. First Home Super Saver Scheme (FHSSS)
Save for your deposit inside super and benefit from tax savings of up to 30%.
How it works:
- • Contribute up to $15,000 per year (max $50,000 total)
- • Contributions taxed at 15% instead of marginal rate
- • Withdraw for first home with earnings
- • Can save approximately $8,650 in tax
New South Wales (NSW)
First Home Owner Grant (New Homes)
$10,000 grant for new homes
- • New homes valued up to $600,000
- • Must be Australian citizen or permanent resident
- • Must live in property for 12 months
First Home Buyer Assistance Scheme
Stamp duty exemptions and concessions
| Full exemption: | Properties up to $800,000 |
| Concession: | Properties $800,001 - $1,000,000 |
| Potential savings: | Up to $34,480 |
Shared Equity Scheme
The NSW Government will contribute up to 40% of the purchase price (30% for existing homes) in exchange for an equity share.
Victoria (VIC)
First Home Owner Grant
$10,000 for new homes in metro areas
$20,000 for new homes in regional Victoria!
- • New homes valued up to $750,000
- • Must not have owned property before
- • Must occupy for at least 12 months
Stamp Duty Concessions
| Full exemption: | Properties up to $600,000 |
| Concession: | Properties $600,001 - $750,000 |
| Maximum savings: | Up to $31,070 |
Victorian Homebuyer Fund
Government contributes up to 25% of purchase price as a shared equity partner. Income limits apply.
Queensland (QLD)
First Home Owner Grant
$15,000 grant for new homes
$20,000 for regional Queensland contracts signed before June 2025!
- • New homes valued up to $750,000
- • Must move in within 12 months
- • Live in property for 12 months minimum
Transfer Duty Concessions
| Vacant land: | Concession up to $350,000 |
| First home: | Concession up to $550,000 |
| Maximum savings: | Up to $17,350 |
Western Australia (WA)
First Home Owner Grant
$10,000 for new or established homes
Additional $2,500 boost for homes in regional WA!
- • Property value up to $750,000 (metro)
- • Up to $1 million (regional)
- • Must be continuous residence
Transfer Duty Rebate
Rebates for properties under $550,000
| Properties $0-$500,000: | Full rebate available |
| Properties $500,001-$550,000: | Partial rebate |
South Australia (SA)
First Home Owner Grant
$15,000 for new homes
- • New homes valued up to $650,000
- • Must not have owned property in Australia
- • Occupy as principal residence for 12 months
Stamp Duty Relief
No stamp duty on properties up to $650,000 for eligible first home buyers.
Tasmania, ACT & NT
Tasmania
$30,000 grant for new homes
50% stamp duty discount
ACT
Progressive stamp duty system
Home Buyer Concession Scheme
NT
$10,000 BuildBonus grant
Stamp duty discounts
Eligibility Checklist
Most grants require you to meet these criteria:
- Australian citizen or permanent resident
- Never owned property in Australia before
- At least 18 years old
- Buying as individual (not company/trust)
- Will live in property for minimum period
- Meet income limits (where applicable)
Maximizing Your Benefits: Pro Tips
- Stack your benefits: Combine federal schemes with state grants for maximum savings
- Consider regional areas: Many states offer bigger grants for regional properties
- Time your purchase: Some grants have deadlines or limited funding
- Get pre-approval first: Know your budget before house hunting
- Use a broker: They know which lenders participate in government schemes
Common Mistakes to Avoid
- ✗ Not checking eligibility before making an offer
- ✗ Forgetting to factor grants into your deposit calculations
- ✗ Missing application deadlines
- ✗ Not understanding occupancy requirements
- ✗ Buying just over price thresholds
Calculate Your First Home Loan
Use our mortgage calculator to estimate your repayments and see how government grants can reduce your loan amount. Factor in your eligible grants to get accurate borrowing estimates.