What Government Grants and Schemes Are Available for First Home Buyers in Australia in 2026?
The right combination of grants and schemes can reduce the deposit you need by years — but only if you know which ones you’re actually eligible for.
Most first home buyers know a grant or scheme exists. Very few know exactly which ones apply to them, how they interact with each other, and what the actual dollar difference is. That gap costs people time and money.
The First Home Guarantee
This is the flagship scheme. Eligible buyers can purchase with a 5% deposit and no Lenders Mortgage Insurance. The government guarantees the remaining 15% to the lender. As at late 2025, income caps and annual place limits were removed, though scheme settings can change over time.
First Home Owner Grant (FHOG)
A state-based cash grant of $10,000–$30,000 depending on your state. In most states it applies only to new builds, not established properties. Checking your specific state before assuming eligibility or ineligibility is important.
Stamp Duty Concessions
Many states offer full or partial stamp duty exemptions for first home buyers under certain price thresholds. In some states, this saves $20,000–$30,000 — and is often the most underestimated saving in the whole process.
First Home Super Saver Scheme (FHSS)
Allows you to withdraw up to $50,000 per person (or $100,000 for a couple) from voluntary super contributions to use as a deposit. The tax advantages in the accumulation phase can meaningfully increase the effective value of what you’ve saved.
Family Home Guarantee
Specifically for single parents purchasing with at least a 2% deposit. Eligible applicants can purchase without LMI on a government-backed guarantee.
How They Interact
Some schemes can be used in combination. Others have conditions that affect eligibility for adjacent schemes. Working through the full stack — rather than applying for one in isolation — often uncovers options most buyers didn’t know they had.
You may wish to speak with a licensed mortgage broker to assess your personal circumstances.
This is general information only. Grant eligibility, scheme conditions, and property price caps vary by state and change regularly. Speak with a licensed mortgage broker for advice tailored to your circumstances. All loans are subject to lender approval.
Sources: Housing Australia, First Home Guarantee 2025–26; State Revenue Offices (FHOG and stamp duty concessions); ATO, First Home Super Saver Scheme; NHFIC, Family Home Guarantee.
