Can I get a First Home Owner Grant from the government?

If you’re a first home buyer, the answer is probably yes.

The amount and eligibility criteria for the First Home Owner Grant varies, but here is a summary of what each state currently offers;

• NSW – a $10,000 grant available for new properties valued up to $600,000 or $750,000 when building a home.
• Victoria – a $10,000 grant for buying or building a new home valued up to $750,000.
• Queensland – a $15,000 grant to buy or build a new home valued up to $750,000.
• ACT - a $7,000 grant. For 2023-24, the maximum concession amount is $34,504.
• WA – a $10,000 grant for buying or building a new home valued up to $750,000 (south of the 26th parallel) or $1 million (north of the 26th parallel).
• SA – a $15,000 grant for buying or building a new home valued up to $650,000 (where the contract was entered into on or after 15 June 2023) or $575,000 (where the contract was entered into on or before 14 June 2023).
• Tasmania – up to $30,000 grant for buying or building a new home.
• NT - a $10,000 grant for buying or building a new home of any value.

To see the eligibility criteria for your state or territory, visit the government website.