A 2026 guide to FHOG amounts, stamp duty concessions, price caps, eligibility rules and expiry dates across all 8 states and territories, in one place.
Australia's first home buyer landscape changes constantly. Grant amounts get boosted, stamp duty concessions are introduced, price caps shift, and deadlines creep up faster than you'd expect. If you're planning to buy your first home in 2026, this is a complete breakdown: every state, every grant, every concession, all in one place.
Updated for the 2026-27 financial year. Several things changed on 1 July 2026. Queensland kept its $30,000 grant, Tasmania's grant stepped down to $20,000 and its first home stamp duty exemption closed, and the ACT removed the income test and price cap from its stamp duty concession. The full list is in the what changed section below.
This table summarises what each state offers first home buyers right now. Scroll down to your state for the full details, eligibility rules, and a worked example.
| State | FHOG | New only? | Stamp duty (FHB) | Key date |
|---|---|---|---|---|
| NSW | $10,000 | Yes | Exempt to $800k | Ongoing |
| VIC | $10,000 | Yes | Exempt to $600k | Ongoing |
| QLD | $30,000 | Yes | $0 on new (no cap) | Ongoing (no end date) |
| WA | $10,000 | Yes | Exempt to $600k | Ongoing |
| SA | $15,000 | Yes | $0 on new (no cap) | Ongoing |
| TAS | $20,000 | Yes | No FHB concession | 30 Jun 2027 |
| NT | $50,000 | Yes | $0 on H&L packages (all buyers) | 30 Sep 2027 |
| ACT | None | N/A | $0 at any price (eligible buyers) | Ongoing |
Track the live countdowns on the FHOG Dashboard.
NSW offers a $10,000 grant for first home buyers purchasing or building a new home valued up to $600,000 ($750,000 for house & land packages). The grant applies to new builds only. If you're buying an established property, you won't receive the FHOG, but you may still benefit from the stamp duty savings below.
This is where NSW shines for first home buyers. The First Home Buyers Assistance Scheme offers:
Say you're buying a $750,000 established apartment in Western Sydney. Because it's under $800,000, you pay $0 in stamp duty, a saving of about $27,900. If it were a new build under $600,000, you'd also get the $10,000 grant.
Calculate your exact stamp duty saving with the Stamp Duty Calculator.
Victoria provides a $10,000 grant for new homes valued up to $750,000. This includes houses, townhouses, apartments, and units. The property must be brand new or substantially renovated, and you must live in it as your principal residence for at least 12 continuous months.
Worth noting: these thresholds haven't changed since 2017, while Melbourne's median house price has risen well beyond $750,000. This means many first home buyers in established inner and middle suburbs fall outside the exemption entirely. Buying further out or opting for an apartment is the main way to stay under the threshold.
Victoria's temporary off-the-plan concession for apartments and townhouses was extended in the 2026-27 Victorian Budget and now runs to April 2027. It lets buyers deduct outstanding construction costs from the dutiable value, and it applies to all buyers, not just first home buyers.
Buying a $580,000 off-the-plan apartment in Melbourne's outer suburbs? You'd pay $0 stamp duty (under the $600,000 threshold, a saving of about $29,900) and receive the $10,000 FHOG for a new build. That's roughly $39,900 in combined savings and grants.
Queensland offers $30,000 for new homes valued under $750,000. The boosted grant was due to drop to $15,000 on 1 July 2026, but the 2026-27 Queensland Budget continued it for eligible contracts signed from that date, and there is no current end date.
From 1 August 2026, Queensland's home and first home concessions also require you to be an Australian citizen or permanent resident (with a narrow exception for some retiree visa holders). Contracts signed before that date are not affected.
Queensland also runs its own shared equity scheme, separate from the federal Help to Buy. The state government contributes up to 30% for new homes and 25% for existing homes, with income caps of $155,000 (single) and $232,000 (couple). The property price cap is $1,000,000 statewide.
Buying a $650,000 new home in Brisbane? You could receive the $30,000 FHOG plus $0 stamp duty on the new build (a saving of about $15,100). That's roughly $45,100 in direct support before you even consider a federal scheme. Use Help to Buy as well and your required deposit drops to around $13,000.
See every grant and concession you could qualify for with the Grant Stacker.
WA offers a $10,000 grant for new homes valued under $800,000 (south of the 26th parallel) or $1,000,000 in the north.
The WA government lifted its first home owner rate thresholds for agreements from 7 May 2026, with one set of thresholds statewide:
Purchasing a $600,000 home in Perth? You'd pay $0 stamp duty (a saving of about $22,500) and receive the $10,000 FHOG if it's a new build. And if you're buying an off-the-plan apartment up to $800,000 before 30 June 2028, you'd pay no duty on that either.
SA provides a $15,000 grant for first home buyers purchasing or building a new home. The property price cap was abolished in June 2024, so there is no limit on the value of the new home you can buy and still receive the grant.
South Australia has also abolished stamp duty for first home buyers purchasing new homes or vacant land to build on, with no price cap. You pay zero stamp duty regardless of price on a new build. However, there is no first home buyer concession for established homes.
Buying a $750,000 new home in Adelaide? You receive the $15,000 FHOG plus $0 stamp duty (a saving of about $35,100). That's roughly $50,100 in combined benefits, and the uncapped concessions mean a pricier new build still qualifies.
Tasmania's grant is $20,000 for new homes, with no property price cap, for transactions that commence between 1 July 2026 and 30 June 2027. It stepped down from the temporary $30,000 boost that ran until 30 June 2026, and it is expected to return to the $10,000 base grant after 30 June 2027 unless the government extends it.
Tasmania's 100% stamp duty exemption for first home buyers (homes under $750,000) closed on 30 June 2026 and was not extended. First home buyers now pay standard duty on both new and established homes.
Buying a $550,000 new home in Hobart? You'd receive the $20,000 FHOG, but you'd pay about $20,400 in stamp duty, so budget for it in your upfront costs.
Monitor the 30 June 2027 date on the FHOG Dashboard.
The NT is the most generous jurisdiction in the country for first home buyers purchasing new builds. The HomeGrown Territory Grant provides $50,000 to first home buyers who build or purchase a new home, with no property price cap. The grant is available for contracts signed by 30 September 2027.
Already own a home but want to buy a new one? The NT also offers the FreshStart New Home Grant of $30,000 for existing homeowners who purchase or build a new home. It cannot be combined with the HomeGrown Territory Grant, so it's one or the other.
The NT has no stamp duty concession specifically for first home buyers. The main relief is the House and Land Package Exemption, which gives any buyer $0 duty on an eligible house and land package contract signed by 30 June 2027. Established homes attract full duty.
Building a new home in Darwin through a $500,000 house and land package? You'd receive the full $50,000 HomeGrown Grant and pay $0 stamp duty under the package exemption (a saving of about $23,900). That's more direct grant money than any other state offers.
The ACT is the only jurisdiction that does not offer a First Home Owner Grant. It ended in 2019 and was replaced by a stamp duty concession that is now one of the most generous in the country.
Other eligibility rules still apply. For example, you must not have owned property in the last 5 years, and you must live in the property as your principal residence for at least one year. The ACT Revenue Office makes the final eligibility determination.
Buying a $900,000 established home in Canberra? Under the Home Buyer Concession Scheme, you'd pay $0 stamp duty, a saving of about $28,100. There's no cash grant, but the duty saving alone is larger than most states' FHOG.
State grants and concessions are only part of the picture. There are three major federal schemes that can be combined with your state-level benefits. Help to Buy and the 5% Deposit Scheme cannot be used together on the same purchase, but FHSS can be used alongside either.
Launched in December 2025, Help to Buy lets the federal government purchase up to 40% of a new home or 30% of an existing home alongside you. You only need a 2% deposit and your mortgage covers only your share. Key limits:
Compare this against the 5% Deposit Scheme with our Scheme Comparison Tool.
The First Home Guarantee, now called the 5% Deposit Scheme, lets you buy with just a 5% deposit and no Lenders Mortgage Insurance. The government guarantees the gap between your 5% and the 20% lenders normally require. Since October 2025, there are unlimited places and no income cap. You own 100% of the property from day one.
The FHSS lets you withdraw voluntary super contributions to put toward your first home deposit. You can contribute up to $15,000 per financial year and withdraw a maximum of $50,000 in total (plus associated earnings). For couples, that's up to $100,000 combined. This works alongside any state grant or federal scheme.
| Help to Buy | 5% Deposit Scheme | |
|---|---|---|
| Deposit | 2% | 5% |
| Government share | 30-40% equity | None (guarantee only) |
| Income cap | $103k / $165k | No cap |
| Places | Limited (10,000 a year) | Unlimited |
| Ownership | Shared with government | 100% yours |
Read the full breakdown: Help to Buy vs 5% Deposit Scheme.
The real power of Australia's first home buyer support comes from layering state and federal benefits together. Here are two examples (for illustration only, as individual circumstances vary). Repayments assume a 30-year loan at 7.2%.
That's roughly $45,100 in grants and duty savings, plus a $260,000 government equity share that you repay when you sell. Monthly repayments on the $377,000 loan are around $2,600, compared with about $4,200 on a $617,500 loan.
Total benefit: roughly $55,200 in stamp duty savings and avoided LMI, even without a cash grant.
Use the Grant Stacker to calculate your exact combination of grants, concessions, and scheme benefits based on your state, property type, and purchase price.
A few grants and concessions have firm end dates. Missing them can cost thousands of dollars, so check the date that applies to your contract.
Track these with live countdowns on the FHOG Dashboard.
While each state has its own specific rules, most FHOGs share these common eligibility requirements:
Not sure which grants and schemes you may be eligible for? Start with the First Home Buyer Quiz. It takes a few minutes, compares Help to Buy and the 5% Deposit Scheme side by side and lists the grants and concessions that may apply, based on the inputs you provide.
The support available to Australian first home buyers in 2026 is significant, but it varies widely by state and property type. New builds attract far more support than established homes in most jurisdictions, and the NT and Queensland currently offer the largest cash grants. In Tasmania, the higher $20,000 grant has a firm end date of 30 June 2027.
The best starting point is the Grant Stacker. It brings together the grants, concessions, and schemes you may be eligible for in one estimate (the relevant authority makes the final decision). From there, use the Borrowing Power Calculator to see how much you can actually borrow and the Scheme Comparison Tool to decide between Help to Buy and the 5% Deposit Scheme.
Last reviewed 1 October 2026. Grant amounts, thresholds, and worked examples in this guide come from the same data as our calculators, last verified September 2026. Eligibility criteria and concession thresholds may change. Always confirm details with your state or territory revenue office before making financial decisions. This information is general in nature and does not constitute personal financial advice.