First Home Buyer Grant
What Is a First Home Buyer Grant?
A First Home Buyer Grant is a government initiative designed to support first-time home buyers by offering a one-time financial contribution. This grant can be used toward your home deposit, construction costs, or to reduce your mortgage.
Are You Eligible?
Eligibility requirements vary depending on your state or territory, but you typically need to:
- Be a first-time homebuyer
- Be at least 18 years of age
- Be an Australian citizen or permanent resident (if you’re in Australia)
- Intend to live in the home as your principal place of residence
- Meet price and income thresholds set by your local government
- Check with your local authority to confirm your eligibility.
How Much Can You Get?
Grant amounts vary by location. For example:
Australia: Up to $10,000 to $30,000 depending on your state
How much is the First Home Owner Grant?
First home owner’s can receive $10,000 if they are buying or building a new home valued up to $750,000.
First-home buyer duty exemption or concession – a one-off duty exemption for a principal place of residence valued up to $600,000, or a concession for a principal place of residence with a dutiable value from $600,001 to $750,000.
For the most up-to-date information please see the First home owners section on the
How long does it take to get the grant?
When the grant is paid varies depending on whether you’re buying a newly built home, you’re building from scratch, or buying off the plan. Read more on the
