Government Grants

Australia Wide Government

There are a limited number of places available for each of these grants and normally refreshes on the 1st of July and works on a first in best dressed.

If you bought a property normally in NSW for $550,000 you would need a minimum deposit of around $68,000, with these grants and the your State Gov Grant, you would only need around $32,000 deposit.

First Home Guarantee (FHGB) – If you have never owned a home then you may be eligible for this scheme. Link to Gov Website – First Home Guarantee | The National Housing Finance & Investment Corporation (NHFIC)

Regional First Home Buyer Guarantee (RFHBG) – First home buyer/s who have been living in the regional area they want to buy in for at least the last 12 months. Link to Gov Website – Regional First Home Buyer Guarantee | The National Housing Finance & Investment Corporation (NHFIC)

Family Home Guarantee (FHG) – For single parents with at least one dependent child. Link to Gov Website – Family Home Guarantee | The National Housing Finance & Investment Corporation (NHFIC)

Table below is from the Australian Government Site as at the 22/03/2023 – Support to buy a home | The National Housing Finance & Investment Corporation (NHFIC)

State and Territory Governments

Please click link for your State or Territory for their incentives for existing and newly built homes.

TAS

Newly built or going to be built homes – First Home Owner Grant | State Revenue Office Tasmania(sro.tas.gov.au)

QLD

Newly built or going to be built homes – Queensland first home owners’ grant (qro.qld.gov.au)

Incentive for Existing Homes – Concessions for homes – Queensland Revenue Office (qro.qld.gov.au)

NSW

Newly built or going to be built homes – First Home Owner (New Homes) Grant | Revenue NSW

Incentive for Existing Homes – First home buyer grants and assistance | NSW Government

VIC

Newly built or going to be built homes and Incentive for Existing Homes – Homebuyer Fund | State Revenue Office (sro.vic.gov.au)

SA

Incentives through the SA Government – First Home Buyer | RevenueSA

NT

Incentives through the NT Government – First home owner grant | NT.GOV.AU

WA

Incentives through the WA Government – First home owner grant (FHOG) (www.wa.gov.au)

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