Your Guide to the First Home Buyers Grant (FHOG) and Support Schemes in Australia
Discover available grants, support programs, and professional guidance to make purchasing your first home more accessible.
Buying your first home is a massive milestone – and a big financial decision. But thanks to a range of government grants, deposit schemes, and stamp duty concessions, getting onto the property ladder in Australia has never been more achievable.
In this guide, we break down what financial support is available for first home buyers in Australia, who qualifies, and how HomeLoan 4 You can help you access everything you’re eligible for – without the stress.
What is the First Home Owner Grant (FHOG)?
The First Home Owner Grant is a one-off government payment available to eligible first home buyers who are purchasing or building a new home. The grant is state-based, meaning each state and territory sets its own criteria and grant amount.
As of 2024:
Queensland offers up to $30,000 for new homes valued under $750,000
Other states and territories may offer between $10,000 and $30,000, depending on the property value and location
To qualify you must:
Be at least 18 years old
Be an Australian citizen or permanent resident
Be buying or building a new residential property
Live in the property as your main residence for a set period
Not have owned a home in Australia before
At HomeLoan 4 You, we help you check your eligibility for the FHOG in your state and manage the entire application process with your lender and the relevant state revenue office.
Other Government Support Schemes for First Home Buyers
In addition to the FHOG, first home buyers may be eligible for several other financial support programs, including federal initiatives that help reduce your deposit or avoid Lenders Mortgage Insurance (LMI).
First Home Guarantee (FHBG - formerly FHLDS)
This federal government scheme allows eligible buyers to purchase a home with just 5% deposit, while the government guarantees the remaining 15% – meaning you don’t need to pay LMI.
Available to buyers earning up to $125,000 (single) or $200,000 (couple)
Property price caps apply ($700,000–$900,000 depending on location)
35,000 places are made available each financial year
Applies to new or existing homes
We assist in securing a spot in this competitive scheme and apply through one of the participating lenders.
Stamp Duty Concessions or Exemptions
Stamp duty is a major upfront cost for any property purchase, but many states offer discounts or full exemptions for eligible first home buyers.
Examples:
In NSW, you may pay no stamp duty on homes up to $800,000
In Victoria, the first $600,000 may be stamp duty-free
These rules vary by state, and we explain what’s available in your area.
Regional First Home Buyer Guarantee
If you’re buying outside a major city, you may qualify for the Regional First Home Buyer Guarantee, offering the same benefits as the FHBG, but targeted at regional areas.
Family Home Guarantee
Available to single parents with dependent children, this scheme allows you to buy a home with just 2% deposit, without needing to be a first home buyer.
How HomeLoan 4 You Helps First Home Buyers
We remove the guesswork from the process and make sure you don’t miss any support.
Here’s what we offer:
- Eligibility checks for all government grants and schemes
- Home loan pre approval so you can shop confident
- FHOG and scheme applications handled for you
- Access to low deposit loans and first home buyer-friendly lenders
- Clear advice on total upfront costs
- Step by step support from loan application to settlement
We work for you – not the banks – and make sure you receive every available benefit as a first home buyer in Australia.