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First Home Buyer Schemes Australia 2025: Every Grant and Concession
Australian first home buyers have access to several government schemes that reduce the cost of buying. Understanding all of them — and how they interact — can save tens of thousands of dollars.
First Home Guarantee (5% Deposit Scheme)
The First Home Guarantee allows eligible first home buyers to purchase with just 5% deposit, with the government guaranteeing up to 15% — avoiding LMI entirely. 35,000 places available per year. Income caps: $125,000 (singles) or $200,000 (couples). Property price caps vary by state.
First Home Super Saver Scheme (FHSS)
Make voluntary super contributions (up to $15,000/year, $50,000 lifetime cap) and withdraw them for your deposit. Contributions are taxed at only 15% going in; when withdrawn, taxed at your marginal rate minus a 30% offset. Saves most people 15–25% compared to saving outside super.
First Home Owner Grant (FHOG) by State
| State | Grant Amount | Eligible Property |
|---|---|---|
| NSW | $10,000 | New homes under $600K |
| VIC | $10,000 | New homes under $750K (regional: $20K) |
| QLD | $30,000 | New homes under $750K |
| WA | $10,000 | New homes under $750K |
| SA | $15,000 | New homes |
| TAS | $30,000 | New homes |
| ACT | No cash grant | Stamp duty concession instead |
| NT | $10,000 | New and established homes |
Grants and thresholds are subject to change. Verify current amounts with your state revenue office. Not financial advice.