Government incentives for first-home buyers can save you tens of thousands of dollars, but navigating the various schemes across states requires careful attention.
The First Home Owner Grant (FHOG) is available in all states but varies in amount and eligibility. Most states offer $10,000-$30,000 for new builds, with some extending smaller grants to established properties. Income caps, property value thresholds, and residency requirements apply.
Beyond the FHOG, first-home buyers can access stamp duty concessions (full exemptions in many states below certain thresholds), the First Home Super Saver Scheme (allowing voluntary super contributions to be withdrawn for a deposit), and various state-specific programs. We help first-home buyer clients navigate all available incentives to minimise their upfront costs.