New South Wales
First Home Owner Grant (New Homes) Scheme. This scheme provides $10,000 to eligible first home buyers who build a new home valued up to $750,000. More on the First Home Owner Grant Scheme.
First Home Buyer Assistance Scheme. This scheme provides an exemption on transfer duty for vacant land valued up to $350,000 and a concessional rate of transfer duty for land valued between $350,000 and $450,000.
Victoria
First Home Owner Grant. This scheme provides $10,000 to eligible first home buyers who build a new home in Melbourne valued up to $750,000.
First Home Buyer Duty Concession, Exemption or Reduction. First home owners pay no stamp duty on land or properties valued up to $600,000, and a reduced rate on homes and land valued between $600,000 and $750,000.
Queensland
Queensland First Home Owner Grant. This is a $30,000, one-off payment for first home buyers who are building or buying a new home up to the value of $750,000 (including land and contract to build).
Queensland First Home Vacant Land Concession. This is a discount of up to $10,675 on the transfer duty that would normally be charged for first home buyers purchasing vacant land. The value of the land must be less than $500,000 for a concession, and less than $350,000 for a full exemption.
South Australia
First Home Buyer Stamp Duty Relief. First home owners pay no stamp duty on land or properties valued up to $650,00. There is no income threshold to qualify for this.
First Home Owner Grant. Eligible South Australian buyers can take advantage of a First Home Owner Grant worth $15,000 if they buy or build a new home.
Western Australia
First Home Owner Grant (WA)
This scheme provides $10,000 to eligible first-home buyers who build a new home in Perth valued up to $750,000.
First Home Owner Rate of Duty
First-home owners pay no stamp duty on land valued up to $300,000, and a reduced rate on land valued between $300,000 and $400,000.
Australian Capital Territory
First Home Buyer Stamp Duty Relief. Eligible first home owners pay no stamp duty on land or properties valued up to $1,000,000 and receive a discounted rate on homes valued between $1,000,000 and $1,455,000.
Northern Territory
First Home Owner Grant. This scheme provides $50,000 to eligible first home buyers who buy an eligible house and land package in the NT, making it the most generous first home buyer scheme in the country.
House and Land Package Exemption (HLPE). Eligible house and land packages attract no stamp duty in the NT. This exemption applies regardless of whether it’s your first home or not.
HomeBuild Access. NT buyers can also access low deposit home loans for new properties and vacant land. A threshold of $475,000 applies for properties of two bedrooms or less, and a $550,000 threshold for properties of three or more bedrooms. If you’re building a house, these thresholds apply to the total cost of the land and home.
HomeBuilder Grant
HomeBuilder provided a $25,000 grant towards new houses for eligible contracts entered into between 4 June 2020 and 31 December 2020 and $15,000 for new contracts entered into between 1 January 2021 and 31 March 2021.G
The HomeBuilder Grant does not apply to contracts entered into after this date. However, the deadline for submitting a claim for the grant has been extended to 30 June 2025.