How We Calculate Your First Home Buyer Assistance
Each Australian state and territory offers a different combination of grants, stamp duty exemptions, and concessions for first home buyers. Our calculator checks your eligibility based on your state, property price, and property type.
Types of Assistance Available
- First Home Owner Grant (FHOG): A one-off payment (typically $10,000–$30,000) for eligible first home buyers purchasing or building a new home
- Stamp duty exemptions: Full exemption from transfer duty if your property is below the state threshold
- Stamp duty concessions: Partial reduction in stamp duty for properties between the exemption and concession thresholds
- First Home Super Saver Scheme (FHSSS): Federal scheme allowing you to save for a deposit inside your super fund
- First Home Guarantee: Federal scheme allowing purchase with as little as 5% deposit without paying LMI
State-by-State Grant Amounts (2026)
Grant amounts and thresholds vary significantly by state:
- NSW: $10,000 FHOG for new homes up to $600,000; stamp duty exemption up to $800,000
- VIC: $10,000 FHOG for new homes up to $750,000; stamp duty exemption up to $600,000
- QLD: $30,000 FHOG for new homes up to $750,000; stamp duty concession up to $500,000
- SA: $15,000 FHOG for new homes; no price cap
- WA: $10,000 FHOG for new homes up to $750,000
- TAS: $30,000 FHOG for new homes; stamp duty concession up to $400,000
- ACT: No FHOG but stamp duty exemption for properties up to $1,000,000
- NT: $10,000 FHOG; stamp duty concession for properties up to $650,000
New vs Established Homes
The First Home Owner Grant typically applies only to new homes (newly built, off-the-plan, or owner-built). Established homes generally don't qualify for the grant but may still qualify for stamp duty concessions in most states.
Using Your Results
Once you know what assistance is available, use the full EquitySight calculator to model your complete purchase — including all buying costs, loan repayments, and long-term investment projections.