The First Home Owners Grant

Find out if you qualify for help to purchase your first home with a First Home Owner Grant.

The Australian Government offers a helping hand to first home buyers via a First Home Owner Grant scheme. The grants help first home buyers with assistance towards a newly constructed home. The scheme offers a one-off grant payment to first home owners that satisfy all the eligibility criteria. While it's a national scheme, it is funded and administered by each individual state and territory. 

Understanding the grant in your state

Each state offers a different variation of concessions and grants for new, existing and vacant land purchases by first home owners. More details and resources are available on the below websites for each state.

NSW: Revenue NSW

QLD: The Great Start Grant

NT: Northern Territory Government.

WA: Department of Finance

SA: Revenue SA

VIC: State Revenue Office

ACT: Revenue ACT

TAS: State Revenue Office

How to apply

Most grants are paid directly into your mortgage loan after settlement occurs, and as such many lenders will not allow the grant to be used as your deposit when applying for a loan. It’s worth talking to your lender about this before you start looking at buying a home.

Once you’re ready to purchase though and need to apply, your conveyancing lawyer will be able to assist you with all the paperwork to apply for the relevant grant where you are purchasing your first property.

Share this