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First home buyer grant and assistance

Buying or building your first home? The NSW Government offers a grant of $10,000 and assistance with transfer duty for eligible first home buyers.

First Home Owner's Grant (New Homes) scheme (FHOG)

Buying or building your first home? You may be eligible for a $10,000 grant under the First Home Owner's Grant (FHOG) scheme.

This grant scheme only applies to buying or building a new home.

You can make a claim if:

  • your home is newly constructed and has a total value of less than $600,000
  • the land and the dwelling you intend to build has a combined value of less than $750,000.

Eligibility

To be eligible

  • you must be an individual (not a company or trust) and over 18 years old
  • you, or at least one person you’re buying with, must be an Australian citizen or permanent resident
  • you or your spouse must not have previously:
    • owned or co-owned property in Australia
    • received a first home owner grant in Australia

You can apply for the FHOG when you arrange finance to buy your home. The bank or financial institution providing you with a loan will need to be an approved FHOG agent.

Find an approved agent

Read about first home buyer compliance

First Home Buyer Assistance scheme (FHBAS)

You may be eligible to apply for an exemption or reduction of transfer duty charges under FHBAS.

This assistance scheme applies to first home buyers

  • buying an existing home
  • buying a new home
  • buying vacant land on which you intend to build a home.

You can apply for a full exemption if:

  • the value of your new or existing home is less than $650,000, or
  • the value of your block of land is less than $350,000.

You can apply for a concession if:

  • the value of your new or existing home is between $650,000 and $800,000, or
  • the value of your block of land is between $350,000 and $450,000.

Eligibility

  • you must be an individual (not a company or trust), at least 18 years old
  • you, or at least one person you’re buying with, must be an Australian citizen or permanent resident
  • you or your spouse must not have previously:
    • owned or co-owned property in Australia
    • received an exemption or concession under this scheme.

You must have already exchanged contracts to purchase your first home or vacant land.

You can also talk to your solicitor or conveyancer about your eligibility for the First Home Buyers Assistance scheme.

Apply for the FHBAS

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