NSW First Home Buyer Benefits: Grants, Stamp Duty Help, and How to Qualify

If you’re buying your first home in New South Wales, you could get help through two main programs:

1. First Home Owner Grant (FHOG)

• $10,000 for buying or building a new home or substantially renovated home

• Max property value: $600k for new homes, or $750k combined land/build cost if constructing

• Must live in the home for at least 6 months

2. First Home Buyers Assistance Scheme

• Stamp duty exemption for homes up to $800k

• Concession for homes $800k–$1m

• Land: exemption up to $350k, concession $350k–$450k

• Must meet standard FHOG-style eligibility

Tip: You can often combine the FHOG with the stamp duty savings for a double win.

For more information: https://www.revenue.nsw.gov.au/grants-schemes/first-home-buyer