The First Home Owner Grant
is a national first home buyer scheme designed to help Australians with
buying their first property. Each state and territory have their own
criteria to be eligible, but in general to be eligible you’ll need to be
over the age of 18, a permanent resident or Australian citizen, and you
can’t have previously owned a residential property anywhere in
Australia.
State-by-state breakdown (last updated April 2022)
South Australia
Up to $15,000 for eligible first home buyers
Available for new properties up to the value of $575,000
You’ll need to live in the property for 6 months once you have bought it
You must be 18 or over
At least one applicant needs to be a permanent resident or an Australian citizen
No applicant can be a company or trust
You can’t have owned a home prior to 1st July 2000
You can’t have lived in a home that you owned after 1st July 2000 (for six consecutive months or more)
Australian Capital Territory
A grant of up to $7000 was available until 30th June 2019.
The FHOG has been replaced with the Home buyer concession scheme, which eliminates or reduces the amount of stamp duty payable
For 2021-22, the maximum concession amount is $35,910
The concession is available for all properties within the ACT, new and old. This includes land.
All buyers of the property must be at least 18 years old.
The total gross income of the buyers must meet an income threshold to be eligible.
Buyers can not have owned property within the previous 2 years.At least one of the buyers must reside in the property for a minimum period of 12 months.
New South Wales
- Up to $10,000 for eligible home buyers
- Available for new properties up to the value of $600,000 OR;
- When building a home with a total value up to $750,000
- Full or partial exemption from paying transfer (stamp) duty for eligible home buyers
- You’ll need to live in the property for 6 months once you have bought it
- You must be 18 or over
- At least one applicant must be a permanent resident or an Australian citizen
- No applicant can be a company or trust
- You can’t have owned a home prior to 1st July 2000
- You can’t have lived in a home that you owned after 1st July 2000 (for six consecutive months or more)
- You can’t have previously received a grant
Victoria
- Up to $10,000 for eligible home buyers
- Available for new properties up to the value of $750,000
- Land transfer (stamp) duty exemption or concession for eligible home buyers
- You’ll need to live in the property for 12 months once you have bought it
- You must be 18 or over
- At least one applicant must be a permanent resident or an Australian citizen
- You can’t have owned a home prior to 1st July 2000
- You can’t have lived in a home that you owned after 1st July 2000
- You can’t have previously received a grant
Northern Territory
- Up to $10,000 for eligible home buyers
- Household goods grant of up to $2000
- You’ll need to live in the property for 12 months once you have bought it
- At least one applicant must be 18 or over
- At least one applicant must be a permanent resident or an Australian citizen
- No applicant can be a company or trust
- You can’t have owned a home prior to 1st July 2000
- You can’t have lived in a home that you owned after 1st July 2000
- You can’t have previously received a grant
Queensland
- Up to $15,000 for eligible home buyer
- Available for new properties up to the value of $750,000
Transfer (stamp) duty concession of up to $15,925 of properties valued under $550,000, or a full exemption for properties valued under $500,000
You’ll need to live in the property for 6 months once you have bought it
You must be 18 or over
At least one applicant needs to be a permanent resident or an Australian citizen
You can’t have lived in any home that you have owned
You can’t have already received a grant
Western Australia
Up to $10,000 for eligible home buyers
Available for new properties (located south of the 26th parallel of south latitude — which includes the Perth metro area) up to the value of $750,000
Available for new properties (located north of the 26th parallel of south latitude) up to the value of $1,000,000
Transfer (stamp) duty exemption or concession for eligible home buyers
You’ll need to live in the property for 6 months once you have bought it
You must be 18 or over
At least one applicant needs to be a permanent resident or an Australian citizen
No applicant can be a company or trust
You can’t have owned a home prior to 1st July 2000
You can’t have lived in a home that you owned after 1st July 2000 (for 6 consecutive months or more after the 1st July 2004)
You can’t have previously received a grant
Tasmania
- Up to $30,000 for eligible home buyers (until 30th June 2023)
Available for new properties only
Transfer duty concession of up to 50% for first home buyers purchasing an existing property up to a value of $600,000 (until 30 June 2023)
No purchase price limit
You’ll need to live in the property 6 months once you have bought it
You must be 18 or over
You must be a permanent resident or an Australian citizen
No applicant can be a company or trust
You can’t have owned a home before 1st July 2000
You can’t have lived in a home that you have owned after 1st July 2000 (for 6 consecutive months or more)
You can’t have previously received a grant