Grants and concessions vary by state, property type and circumstances. The sheet below is a summary current as at September 2026; eligibility is confirmed as part of the assessment, and the pages linked here carry the live figures.
Federal: the 5% Deposit Scheme (First Home Guarantee)
Eligible first home buyers, and anyone who has not owned property for ten years, can buy with a 5 per cent deposit and no lenders mortgage insurance; since 1 October 2025 there is no income test and no cap on places. Property price caps apply by area: $1.5 million in Sydney, Newcastle and Lake Macquarie, and the Illawarra; $800,000 across the rest of NSW; $1 million in Brisbane, the Gold Coast and the Sunshine Coast; $700,000 across the rest of Queensland. The 5% Deposit Scheme check works the cap for your area and the other conditions. Single parents and guardians have a 2 per cent stream; Help to Buy is the shared-equity alternative with income caps.
Federal: First Home Super Saver
Voluntary super contributions of up to $15,000 a year, to a total of $50,000 a person, can be released toward a first home deposit, taxed inside super at 15 per cent rather than at your marginal rate. The release takes a few weeks and sits in the purchase timeline before the contract.
State: first home owner grants
Most states pay a grant on a new home only: NSW $10,000 (price cap $600,000, or $750,000 for land and build), Queensland $30,000 (cap $750,000), Victoria $10,000 (cap $750,000), WA $10,000, SA $15,000 (cap $650,000), Tasmania $20,000, NT $10,000; the ACT offers a duty concession instead of a grant.
State: transfer duty exemptions and concessions
NSW: no duty on a first home to $800,000, a concession to $1 million, new and established. Queensland: full concession on a new first home to $700,000, tapering to $800,000, with the home concession rate on established homes. Victoria: exemption to $600,000, concession to $750,000. WA: exemption to $430,000, concession to $530,000. South Australia: no first home duty exemption on established homes; the grant applies to new builds. The stamp duty calculator applies each state's thresholds to a price.
The schemes stack: a 5% Deposit Scheme loan, the state grant on a new build, the duty exemption and the FHSS release can all apply to one purchase. Which combination suits depends on the price, the property type and the capacity; Buying Your First Home walks through them in order.
The tools that go with this sheet
Download this fact sheet as a PDF · The full set is at valuelending.com.au/fact-sheets, and the three longer guides at /guides.