$500,000

$50,000

$450,000

$13,227

$750,000

$75,000

$675,000

$27,486

$1,000,000

$100,000

$900,000

$36,712

$1,250,000

$125,000

$1,125,000

$50,314

$1,500,000

$150,000

$1,350,000

$60,519

Australian Government 5% Deposit Scheme

Eligible first-home buyers can purchase with a minimum 5% deposit, or 2% for eligible single parents and legal guardians, without paying LMI. There are no income caps or waiting lists, but property price caps and other conditions apply.

Help to Buy

Eligible buyers may purchase with a 2% deposit, with the Australian Government contributing up to 30% for an existing home or 40% for a new home. This is shared equity, not a cash grant. For 2026–27, taxable income limits are $103,000 for an individual and $165,000 for joint applicants or single parents.

First Home Super Saver Scheme

Eligible first-home buyers can make up to $15,000 in voluntary super contributions each year and withdraw up to $50,000 in total, plus associated earnings, towards a first-home deposit.

New South Wales

A $10,000 grant for eligible new homes, plus full transfer-duty exemption for homes up to $800,000 and a concession below $1 million.

Victoria

A $10,000 grant for eligible new homes up to $750,000. First-home buyers pay no duty up to $600,000 and reduced duty from $600,001 to $750,000.

Queensland

A $30,000 grant for eligible new homes valued below $750,000. Eligible first buyers of new homes may also receive a full transfer-duty concession with no property value cap.

Western Australia

A $10,000 grant for eligible new homes. From 7 May 2026, eligible first-home buyers pay no duty on homes up to $600,000 and receive reduced duty up to $800,000.

South Australia

A grant of up to $15,000 for eligible new homes. Eligible first-home buyers can also receive full stamp-duty relief on new homes or vacant land, with no property value cap for qualifying contracts.

Tasmania

A $20,000 grant may be available for eligible new-home transactions commencing between 1 July 2026 and 30 June 2027.

Australian Capital Territory

Eligible buyers can receive a full conveyance-duty exemption under the Home Buyer Concession Scheme. From 1 July 2026, all ACT residential properties can qualify, including new homes, established homes and vacant land.

Northern Territory

Eligible first-home buyers may receive up to $50,000 when buying or building a new home. A separate $30,000 FreshStart grant may assist eligible previous homeowners buying or building a new home. Current arrangements apply to qualifying contracts through 30 September 2027.