First Home Buyer Grants NSW › What low deposit help is there for NSW first home buyers?

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.

Written by Ross McFarlane, Licensed Mortgage Broker (Credit Representative 526725). About the author

Why this matters

Because there is no state lender like South Australia or Western Australia, your low deposit options in New South Wales are the federal schemes. The First Home Guarantee is usually the standout, since avoiding lenders mortgage insurance on a small deposit can save more than the grant itself.

The key points

No state government first home buyer lender in NSW.
First Home Guarantee: 5 percent deposit, no LMI.
Help to Buy shared equity is the other federal pathway.

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More first home buyer grant questions in New South Wales

Back to the full First Home Buyer Grants New South Wales guide

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.