First Home Buyer Grants Australia 2026 — Every State and Territory Explained

Buying your first home in Australia comes with a range of government grants, schemes and stamp duty concessions that can save you tens of thousands of dollars. In 2026, the available support varies significantly by state — this guide breaks down every scheme in plain English.

National Schemes — Available Everywhere

First Home Guarantee (formerly FHLDS)

The Federal Government’s First Home Guarantee allows eligible first home buyers to purchase with a deposit of as little as 5% without paying Lenders Mortgage Insurance (LMI). The government guarantees up to 15% of the loan value. In 2026, 35,000 places are available per financial year.

• Minimum deposit: 5%
• Property price caps vary by location (from $500,000 in regional areas to $900,000 in Sydney/Melbourne)
• Income limits: $125,000 for singles, $200,000 for couples

First Home Super Saver Scheme (FHSS)

The FHSS scheme lets you save your home deposit inside your superannuation fund, taking advantage of the lower 15% tax rate on super contributions. In 2026, you can withdraw up to $50,000 total ($15,000 per year) of voluntary contributions, plus associated earnings.

Help to Buy (Shared Equity)

The Federal Government’s Help to Buy scheme allows eligible buyers to purchase a home with a smaller deposit, with the government taking a shared equity stake of up to 40% in new homes or 30% in existing homes. Income and property value caps apply.

State-by-State Grants and Concessions

Step-by-Step: How to Apply

1. Check your eligibility — You must be an Australian citizen or permanent resident, be buying your first home, and intend to live in the property as your principal place of residence.
2. Get pre-approval — Know your borrowing power before you start looking. This also strengthens your negotiating position.
3. Find your property — Make sure the purchase price is within your state’s grant and concession thresholds.
4. Apply through your lender or state revenue office — FHOG applications are usually lodged through your lender at settlement. State stamp duty concessions are applied by your conveyancer.
5. Settle and move in — Most schemes require you to move into the property within 12 months and live there for at least 6–12 months continuously.

Disclaimer: This article is for general informational purposes only and does not constitute financial advice. Always consult a licensed financial adviser before making financial decisions.