Apply now

Back to FAQs

A guide to First Home Owner Grants

The First Home Owner Grant is a national first home buyer scheme designed to help Australians buying their first property. Each state and territory have their own eligibility criteria, but in general you’ll need to be over the age of 18, a permanent resident or Australian citizen, and not previously owned a residential property anywhere in Australia.

Below is a state-by-state breakdown (updated April 2026)

Victoria

  • $10,000 if you buy or build a new home worth $750,000 or less.
  • The home must be new, which can include off the plan and substantially renovated homes.
  • At least one applicant must be 18 or over, and at least one must be an Australian citizen or permanent resident.
  • At least one applicant must move in within 12 months and live there for at least 12 months. You may still be eligible if you owned property after 1 July 2000 but never lived in it as your home.

Find out more about the Victorian FHOG.

New South Wales

  • $10,000 if you buy or build your first new home.
  • A new or substantially renovated home must be $600,000 or less. A house and land package must be $750,000 or less in total.
  • You must be 18 or over, apply as an individual, and at least one applicant must be an Australian citizen or permanent resident.
  • You must move in within 12 months and live there for 12 continuous months. You may still be eligible if you owned property after 1 July 2000 but didn’t live in it for more than 6 continuous months.

Find out more information specific to the New South Wales FHOG.

Queensland

  • $30,000 for eligible contracts signed between 20 November 2023 and 30 June 2026.
  • The grant is for new homes only, including substantially renovated homes, and the home must be worth less than $750,000.
  • You must be 18 or over, and at least one applicant must be an Australian citizen or permanent resident.
  • You must move in within 12 months and live there for at least 6 months.

Find out more information specific to the Queensland FHOG.

Western Australia

  • Up to $10,000 if you buy or build your first new home.
  • Homes south of the 26th parallel can be worth up to $750,000. Homes north of the 26th parallel can be worth up to $1,000,000.
  • Applicants must be 18 or over, and at least one applicant must be an Australian citizen or permanent resident.
  • At least one applicant must move in within 12 months and all applicants must live there for a continuous period of at least 6 months.

Find out more information specific to the Western Australian FHOG.

South Australia

  • Up to $15,000 if you buy or build a new home in South Australia.
  • It can apply to new homes, off the plan purchases, substantially renovated homes, building contracts, and owner builder projects.
  • For contracts signed on or after 6 June 2024, there is no property value cap.
  • Applicants must be 18 or over and at least one applicant must be an Australian citizen, permanent resident, or eligible New Zealand citizen.

Find out more information specific to the South Australian FHOG.

Australian Capital Territory

  • The First Home Owner Grant is no longer available in the ACT.
  • Support is available through the Home Buyer Concession Scheme, which reduces or removes stamp duty instead of paying a cash grant.
  • In 2025 to 2026, eligible buyers can pay no duty on homes up to $1,020,000.
  • The scheme can apply to new homes, existing homes, and vacant residential land, but income limits and residency rules apply.

Find out more informaton on the ACT Home Buyer Concession Scheme

Tasmania

  • $30,000 may be available for eligible transactions between 1 July 2025 and 30 June 2026.
  • The grant is for new homes only.
  • Applicants must be 18 or over and at least one applicant must be an Australian citizen or permanent resident.
  • You must move in within 12 months and live there for at least 6 continuous months.

Find out more information specific to the Tasmanian FHOG.

Northern Territory

  • $50,000 is available for eligible first home buyers who buy or build a new home in the NT with contracts signed between 1 October 2024 and 30 September 2027.
  • $10,000 is available for eligible first home buyers who buy an established home with contracts signed between 1 October 2024 and 30 September 2025.
  • Applicants must be 18 or over, apply as people rather than a company or trust, and at least one applicant must be an Australian citizen or permanent resident. You must live in the home for at least 12 months.

Find out more information specific to the HomeGrown Territory Grant.

Found in:

Found in:

Important information about rates
*Tiimely Own products are subject to loan-to-value ratio (LVR) requirements, eligibility and credit criteria and terms and conditions. Rates apply to new Tiimely Home customers only and are subject to change without notice.

**The rates shown for products available from panel lenders via Tiimely Home brokers are current based on information from panel lenders and are subject to change without notice. The home loan with the lowest current interest rate is not necessarily the most suitable for your circumstances, you may not qualify for that particular product and the product may not include all the features relevant to you. All applications are subject to lender assessment and approval, and eligibility requirements and terms and conditions apply.

^The comparison rates displayed are calculated for a loan of $150,000 over 25 years. If a comparison rate relates to a Tiimely Own loan with a fixed interest rate, the comparison rate has been calculated on the basis that our current applicable variable rate will apply at the end of the fixed rate period. If a comparison rate relates to an interest only loan with a fixed rate, the comparison rate has been calculated on the basis that the interest only period is the same duration as the fixed rate period. If a comparison rate relates to an interest only loan with a variable interest rate, the comparison rate has been calculated on the basis that the interest only period is 5 years.

WARNING: The comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. All interest rates are subject to change without notice.

Other important information
+Tiimely Home is known for its fast approvals for Tiimely Own products and responsive service, powered by our technology and supported by our team of experts. Application and approval times are estimates only and not guaranteed. Turnaround times are dependent on individual circumstances. Applications for a Tiimely Own loan may require an assessor to obtain more information. Assessment times for home loan applications made via Tiimely Home brokers are dependent on individual panel lenders.

The information provided does not constitute an offer of credit and does not take into account your objectives, financial situation or individual circumstances. We recommend seeking independent financial, taxation and legal advice to check how the information provided aligns with your individual circumstances.

Tiimely Home receives commissions from Tiimely Own loans and, where customers apply for a loan with the assistance of a Tiimely Home broker, from loans settled with panel lenders. Tiimely Home brokers do not receive individual commissions. More information about the credit services provided by Tiimely Home is available in the Tiimely Home Credit Guide (PDF) and Tiimely Home Broker Credit Guide (PDF).