Each state's grant, its amount and price cap, and the federal schemes, with the date each was checked against the official page.
Every state grant is for a new home: building, buying off the plan, or a home not lived in before. Residency, prior-ownership and occupancy rules also apply; the official page has them. Most states also cut or remove stamp duty for first home buyers, which the stamp duty calculator applies.
New South Wales
New or substantially renovated homes only. Purchase price must not exceed $600,000; the cap is $750,000 where you buy land and build. Can be combined with the First Home Buyers Assistance Scheme duty exemption.
Verified 30/07/2026Official page
Victoria
Newly constructed or never-occupied homes valued up to $750,000. The separate $20,000 regional Victorian grant ended on 30 June 2021, contracts from that date get the $10,000 grant statewide.
Verified 30/07/2026Official page
Queensland
$30,000 for contracts signed on or after 20 November 2023 ($15,000 before that). The home must be valued under $750,000 including land and any contract variations. New homes only, Queensland has no grant for established homes. The $30,000 rate has been extended for contracts signed from 1 July 2026; no end date is currently published.
Verified 30/07/2026Official page
Western Australia
One-off $10,000 for buying or building a new home. The cap south of the 26th parallel (which includes all of metropolitan Perth) rose to $800,000 for transactions commencing on or after 7 May 2026, up from $750,000. North of the 26th parallel the cap is $1,000,000.
Verified 30/07/2026Official page
South Australia
One-off $15,000 for buying or building a new home as your principal place of residence. No property value cap applies to contracts entered into on or after 6 June 2024 (it was $650,000 before that).
Verified 30/07/2026Official page
Tasmania
$20,000 for transactions commencing between 1 July 2026 and 30 June 2027, down from $30,000 in 2025–26. New homes only: building, off the plan, or a dwelling not previously used or sold as a principal residence. No property value cap is published.
Verified 30/07/2026Official page
Australian Capital Territory
The ACT has no first home owner grant, payments ceased on 1 July 2019. Instead the Home Buyer Concession Scheme removes conveyance duty. From 1 July 2026 both the income threshold and the property price cap were abolished, making the ACT the first jurisdiction to remove stamp duty for all first home buyers. Worth the full duty rather than a cash amount, so it shows as $0 here.
Verified 30/07/2026Official page
Northern Territory
$50,000 towards building or buying a new home, the largest first home grant in the country. You have until 30 September 2027 to sign a contract or start building as an owner-builder, and until 30 September 2028 to apply. The separate $10,000 grant for established homes ceased on 30 September 2025.
Verified 30/07/2026Official page
Available in every state, and none is a cash payment. The guarantees remove lenders mortgage insurance; the LMI calculator shows what that is worth at your price.
Australian Government
Formerly the Home Guarantee Scheme. Lets eligible first home buyers purchase with a minimum 5% deposit and no LMI, because the government guarantees the balance, so it saves you LMI rather than paying you cash. From 1 October 2025 the place cap and the income caps were both removed: places are unlimited with no waiting list, and there is no income test. Property price caps still apply and vary by location, check the official site for your area.
Verified 30/07/2026Official page
Australian Government
The single-parent pathway within the federal deposit scheme: eligible single parents and legal guardians with dependent children can buy with a minimum 2% deposit and no LMI. Like the 5% scheme it is a guarantee, not a cash payment.
Verified 30/07/2026Official page
Australian Government
Shared equity, not a cash grant: the government contributes up to 30% of the price of an existing home or 40% of a new one, and you need a minimum 2% deposit. You repay the contribution when you can or when you sell. Applications opened on 5 December 2025. Eligibility conditions apply; check the official site.
Verified 12/10/2026Official page
General Advice Warning
The information on this site is general in nature and does not consider your personal circumstances, financial situation, or needs. Before acting on any information, you should consider its appropriateness having regard to your own situation and seek professional advice from a licensed financial adviser, mortgage broker, accountant, or solicitor.
