First Home Buyer Loans

Buying your first home? We guide you through state and federal incentives: Federal Schemes (Available Nationwide):

•  First Home Guarantee (FHBG): Buy with as little as 5% deposit, no LMI.
•  Help to Buy Scheme: Government co-invests up to 40% (new homes) or 30% (existing homes).
•  First Home Super Saver Scheme (FHSS): Save up to $50,000 via super contributions.

State-Based Programs:

1.NSW:

• First Home Buyers Assistance Scheme: Full stamp duty exemption up to $800K; concessional rates up to $1M.
• First Homeowner Grant: $10,000 for new homes under $750K.
•  Optional Land Tax: Choose annual property tax instead of upfront stamp duty.
  Details [nsw.gov.au]

2.Victoria:

• FHOG: $10,000 for new homes up to $750K.
• Stamp Duty: No duty up to $600K; concessional up to $750K.
  Details [sro.vic.gov.au]

3.Queensland: 

• FHOG: $30,000 for new homes under $750K.
• Stamp Duty: Full exemption up to $700K; concessions up to $800K.
• Boost to Buy Shared Equity: 2% deposit, up to 30% government
• contribution.
  Details [qld.gov.au]

4.Western Australia:

• FHOG: $10,000 for new homes (caps: $750K metro, $1M regional).
•  Stamp Duty: Exemption up to $430K; concessions up to $530K.
  Details [wa.gov.au]

5.South Australia: 

• FHOG: $15,000 for new homes (no price cap).
• Stamp Duty: Full exemption for new homes and vacant land (no cap).
  Details [revenuesa.sa.gov.au]

6.Tasmania:

• FHOG: $30,000 for new homes.
•  Stamp Duty: Full exemption for established homes up to $750K.
  Details [sro.tas.gov.au]

7.Northern Territory:

• Homegrown Territory Grant: $50,000 for new homes; $10,000 for established homes.
• Stamp Duty: Exemption up to $700K; concessions up to $1.5M.
  Details [nt.gov.au]

8.ACT:

• Home Buyer Concession Scheme: Reduced or deferred stamp duty for eligible buyers.
• Affordable housing ballots for low-to-moderate income earners.
  Details [act.gov.au]