First Home Buyer Grants by State 2026

Every Australian state and territory offers grants and concessions to help first home buyers get onto the property ladder. But the details vary significantly, from the $30,000 grant in Queensland to the shared equity schemes in Western Australia. Here is a complete breakdown of what is available in 2026.

Federal Schemes (Available Nationwide)

Before looking at state-specific grants, here are the federal programs available to all eligible first home buyers:

• First Home Guarantee (FHBG): Buy with just 5 per cent deposit and no Lenders Mortgage Insurance. The government guarantees up to 15 per cent of the property value. Price caps apply by location
• Regional First Home Buyer Guarantee: Similar to FHBG but specifically for regional areas with higher price caps in some locations
• Family Home Guarantee: Single parents can buy with as little as 2 per cent deposit
• First Home Super Saver Scheme: Withdraw voluntary super contributions (up to $50,000) to use as a deposit, taxed at concessional rates
• Help to Buy (shared equity): The government contributes up to 40 per cent of a new home's price (30 per cent for existing), reducing your loan amount

New South Wales

• First Home Buyer Grant: $10,000 for new homes valued under $600,000
• Stamp duty exemption: Full exemption on properties up to $800,000
• Stamp duty concession: Reduced rates on properties between $800,000 and $1,000,000
• First Home Buyer Choice: Option to pay annual property tax instead of stamp duty (where available)

Victoria

• First Home Owner Grant: $10,000 for new homes valued under $750,000
• Stamp duty exemption: Full exemption on properties up to $600,000
• Stamp duty concession: Sliding scale discount on properties between $600,000 and $750,000
• Victorian Homebuyer Fund: Shared equity scheme where the government contributes up to 25 per cent (15 per cent for metro Melbourne)

Queensland

• First Home Owner Grant: $30,000 for new homes under $750,000 (enhanced grant, check expiry date as it may revert to $15,000 after 30 June 2026)
• Stamp duty concession: Full concession on homes under $700,000 for first home buyers
• Regional boost: Additional support for buyers in regional Queensland through various council incentives

South Australia

• First Home Owner Grant: $15,000 for new homes valued under $650,000
• Stamp duty relief: No stamp duty on new homes for eligible first home buyers
• HomeStart Finance: Government-backed low deposit loans and shared equity options

Western Australia

• First Home Owner Grant: $10,000 for new homes valued under $750,000
• Stamp duty exemption: No stamp duty on properties under $430,000
• Stamp duty concession: Reduced rates on properties up to $530,000
• Keystart Home Loans: Government-backed 2 per cent deposit loans exclusively for WA buyers

Tasmania

• First Home Owner Grant: $30,000 for new homes (one of the most generous in Australia)
• Stamp duty concession: 50 per cent discount on stamp duty for first home buyers on established homes
• MyHome shared equity: Tasmanian government shared equity scheme to reduce upfront costs

ACT

• Home Buyer Concession Scheme: Full stamp duty concession on properties up to $1,000,000 (income-tested at $160,000 for singles, $227,000 for couples)
• No first home owner grant: ACT does not offer a FHOG but the stamp duty concession is one of the most generous in Australia

Northern Territory

• First Home Owner Grant: $10,000 for new homes
• Territory Home Owner Discount: $18,601 stamp duty reduction on established homes under $650,000
• BuildBonus: Additional $20,000 grant for new builds (check availability for 2026)

How a Broker Helps You Maximise Grants

Eligibility rules are complex and change frequently. A mortgage broker who specialises in first home buyers can identify every grant and concession you are eligible for, structure your application to qualify, and coordinate timing to maximise benefits.