First Home Owner (New Home) Grant

First home buyers who are building or buying a newly built home may be eligible for a $10,000 grant to put towards the purchase price.

Father working at home with 2 children


First home buyers who build a new home or purchase a brand new or substantially renovated property can receive a $10,000 grant.


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How it works

The grant is only available for homes that no-one has lived in before.

It can be a house, townhouse, apartment, unit or similar that is newly built, purchased off the plan or has just been substantially renovated.

The grant is not means tested and you do not have to pay tax on it.

A builder on a construction site wearing a white helmet


Young couple planning and designing new home

To be eligible for the program, first home buyers must be:

  • 18 years or over
  • an Australian citizen or a permanent resident of Australia
  • purchasing their first home
  • planning to live in the home for 12 months.

See key definitions and eligibility criteria for more information, including possible exemptions to the above. 


How to apply

You can apply for the First Home Owner (New Home) Grant through your bank or financial institution when you’re arranging finance.

You'll need to provide documents to prove your identity and contracts for your property purchase when you apply.

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Property types and price limits

Home and land package

The price limit factors in:

  • vacant land purchase price
  • value of comprehensive home building contract
  • cost of any variations during construction.

The package must therefore include an eligible building contract.


Newly built residence

This could be a:

  • house
  • townhouse
  • apartment, unit or similar.

It includes ‘off the plan’ purchases.


Newly renovated

This means a substantially renovated home, which must:

  1. be mostly removed or replaced
  2. not have been occupied by the seller, builder or a tenant prior to, during or after the renovations
  3. not have been previously sold, since the renovations were completed.

Existing homes

If you are purchasing an existing home, you can't apply for the First Home Owner (New Home) Grant.

You may be eligible for another home buyer assistance program. Use the eligibility tool below to find out. 

Not included

What else am I eligible for?

To quickly see what NSW government assistance you may be eligible for – including the First Home Owner (New Home) Grant – use our self-assessment tool. 

Contact Revenue NSW for more information

1300 130 624 or +61 2 7808 6913

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