Question 1

How much is the first home owner grant?

Accepted Answer

The First Home Owner Grant (FHOG) varies by state. In 2026, Queensland and Tasmania offer the most generous grants at $30,000 for eligible new homes. South Australia offers $15,000, while NSW, Victoria, WA, and NT each offer $10,000. The ACT does not have a traditional FHOG but offers stamp duty concessions instead. All grants are for new builds only and have property value caps that vary by state.

Question 2

Do first home buyers pay stamp duty?

Accepted Answer

First home buyers may be exempt from or receive a concession on stamp duty, depending on their state and property value. For example, in NSW first home buyers pay no stamp duty on properties up to $800,000 and receive a concession up to $1,000,000. Victoria offers full exemptions up to $600,000 with concessions to $750,000. Each state has different thresholds — use our calculator to check your specific situation.

Question 3

Can I get the FHOG on an existing home?

Accepted Answer

No. As of 2026, all Australian states and territories restrict the First Home Owner Grant to new homes only. This includes newly constructed homes, off-the-plan purchases, and substantially renovated properties. Existing (established) homes do not qualify for the FHOG. However, first home buyers purchasing existing homes may still be eligible for stamp duty concessions or exemptions in most states.

Question 4

What is the First Home Guarantee?

Accepted Answer

The First Home Guarantee (formerly First Home Loan Deposit Scheme) is a federal government scheme that allows eligible first home buyers to purchase a home with as little as a 5% deposit without paying Lenders Mortgage Insurance (LMI). The government guarantees up to 15% of the property value. There are property price caps by region. This is separate from the state-based FHOG and can be used in combination with it.

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