First Home Buyer Grants in New South Wales
The grant, the stamp duty rules, and the federal schemes that New South Wales first home buyers can use in 2026, explained simply and shown as a single figure.
See your NSW first home support
Move the slider to your price and choose new or established. We will add the grant and the stamp duty saving you may be entitled to in New South Wales.
What help can a first home buyer get in New South Wales?
New South Wales first home buyers may be entitled to several forms of help that often stack together. The main ones are the $10,000 First Home Owner Grant, a stamp duty exemption or concession through the First Home Buyer Assistance Scheme, and the federal schemes such as the First Home Guarantee, Help to Buy and the First Home Super Saver Scheme.
How much is the First Home Owner Grant in New South Wales?
The First Home Owner Grant in New South Wales is $10,000 for eligible first home buyers who buy or build a new home. The new home must be valued under $600,000, or the combined land and build cost must be under $750,000. It does not apply to established homes.
| Feature | NSW |
|---|---|
| Grant amount | $10,000 |
| Property price cap | New home under $600,000, or land plus build under $750,000 |
| Administered by | Revenue NSW |
Do first home buyers pay stamp duty in New South Wales?
Eligible first home buyers in New South Wales pay no stamp duty on a home valued up to $800,000, whether new or established, and a reduced amount on homes valued between $800,000 and $1,000,000. Above $1,000,000 standard duty applies.
This is delivered through the First Home Buyer Assistance Scheme, and because it covers both new and established homes up to $800,000 it is often the largest single saving available.
Federal schemes for New South Wales first home buyers
On top of any state help, New South Wales first home buyers can use the First Home Guarantee, which lets eligible buyers purchase with a 5 percent deposit and pay no lenders mortgage insurance, with a property price cap of $1,500,000 in Sydney and large regional centres such as Newcastle, Lake Macquarie and the Illawarra, and $800,000 in the rest of New South Wales. There is also Help to Buy shared equity and the First Home Super Saver Scheme.
See the grants and schemes you may qualify for
Answer a few quick questions and we can confirm your first home options across a panel of more than 70 lenders.
Check Your First Home Options
A few quick questions, no obligation.
What is your goal?
Tell us a bit more about the plan
How do you earn your income?
How is your credit score?
This helps us match you to the right lender from the start.
Last step. Where should we send your options?
Your information is private and we will never share it.
By submitting, you agree to be contacted by one of our team of licensed mortgage brokers. No obligation. No spam.
You're all set.
We've received your details. One of our friendly brokers will reach out within 1 business day to help guide you through your options.
First home buyer grants in New South Wales: top questions
How much is the first home buyer grant in New South Wales?
The First Home Owner Grant in New South Wales is $10,000 for an eligible new home valued under $600,000, or where land plus build is under $750,000. It does not apply to established homes.
Is there a property price cap on the New South Wales grant?
Yes. The $10,000 grant applies only where the new home is valued under $600,000, or the combined land and build cost is under $750,000. Above that you may still use the stamp duty help and federal schemes.
Do first home buyers pay stamp duty in New South Wales?
Eligible first home buyers in New South Wales pay no stamp duty on a home valued up to $800,000, whether new or established, and a reduced amount between $800,000 and $1,000,000.
Can I get the grant on an established home in New South Wales?
Not the grant. The $10,000 grant is for new homes only. The good news in New South Wales is that the stamp duty exemption up to $800,000 does cover established homes, so an established buyer still saves there.
What low deposit help is there for NSW first home buyers?
New South Wales does not run its own first home buyer lender. The main low deposit pathways are the federal First Home Guarantee, a 5 percent deposit with no LMI, and the federal Help to Buy shared equity scheme.
Can first home buyers use the First Home Guarantee in New South Wales?
Yes. The First Home Guarantee lets eligible buyers purchase with a 5 percent deposit and pay no lenders mortgage insurance. The New South Wales price cap is $1,500,000 in Sydney and large regional centres such as Newcastle, Lake Macquarie and the Illawarra, and $800,000 in the rest of New South Wales.
Do I have to live in the home to receive the grant in New South Wales?
Yes. First home owner grants are for owner occupiers, so at least one buyer must move in and live there as their main home for a continuous period, generally starting within 12 months of settlement or completion.
Who is eligible for the first home buyer grant in New South Wales?
You generally must be a person rather than a company or trust, be at least 18, and at least one buyer must be an Australian citizen or permanent resident. You and your partner must not have owned residential property in Australia or received the grant before.
How do I apply for the grant in New South Wales?
Most people apply through an approved agent, usually their lender, at the same time as the home loan, with the help arranged at settlement or the first construction payment. You can also apply directly to Revenue NSW within the allowed time.
Can I combine the grant with other schemes in New South Wales?
Often yes. A first home buyer building a new home in New South Wales can frequently use the state help, the stamp duty rules and the federal First Home Guarantee at the same time. Some schemes are means tested or interact differently.
When is the first home buyer help paid in New South Wales?
When you buy a completed new home the help is generally applied at settlement. When you have a building contract it is usually applied at the first construction progress payment. The timing depends on whether you are buying or building.
What counts as a new home for the New South Wales grant?
A new home is one that has not previously been lived in or sold as a place of residence. That includes a brand new build, an off the plan apartment, and a house and land package. Established homes that have been lived in before do not qualify.
How does Help to Buy work for New South Wales buyers?
Help to Buy is a federal shared equity scheme available in New South Wales. The government contributes up to 40 percent of the price of a new home or 30 percent of an existing home for an equity share, which reduces your loan. Income and place limits apply.
Can I use the First Home Super Saver Scheme in New South Wales?
Yes. The First Home Super Saver Scheme is federal and available in New South Wales. You can withdraw up to $50,000 of eligible voluntary super contributions, plus earnings, towards your deposit, subject to the scheme rules.
Can I get the grant on an off the plan apartment in New South Wales?
Yes. An off the plan apartment or townhouse counts as a new home, so it can qualify for the New South Wales first home buyer help, as long as it has not been previously occupied and you meet the other criteria.
General information only. This page provides general information based on first home buyer settings current in 2026. It is not financial advice, a quote, or a guarantee, and your personal circumstances have not been considered. Grant amounts, caps, eligibility and scheme places change and vary by circumstance, and some help applies only to new homes. Always confirm current grants and your eligibility with Revenue NSW, Housing Australia, or a licensed mortgage broker. Ross McFarlane (Credit Representative 526725) is an authorised Credit Representative of Australian Associated Advisers Pty Ltd t/a Keylend, Australian Credit Licence 392169.