First Home Buyer Grants & Schemes – NSW
Buying your first home in New South Wales — especially across Sydney and surrounding areas — can be more affordable with the right government support.
There are several grants, concessions, and schemes designed to help first home buyers reduce upfront costs and get into the property market sooner.
This guide explains the main first home buyer grants and schemes available in NSW in simple terms.
First Home Owner Grant (FHOG) – NSW
The First Home Owner Grant provides eligible buyers with a lump sum payment when purchasing or building a new home.
The grant amount and eligibility depend on:
• Property price
• Whether the home is new or established
• Your residency status
It’s designed to help reduce upfront costs for new homes.
👉🏼 New to buying? Read our full First Home Buyer Guide here.
Stamp Duty Exemptions and Concessions – NSW
Many first home buyers across Sydney and NSW can receive:
• Full stamp duty exemption (up to certain price thresholds)
• Or discounted stamp duty
This can save tens of thousands of dollars upfront.
Eligibility depends on:
• Purchase price
• Property type
• Whether you’re an owner-occupier
First Home Guarantee Scheme
This government-backed scheme allows eligible first home buyers to purchase with as little as a 5% deposit without paying Lenders Mortgage Insurance (LMI).
The government guarantees part of the loan to the lender.
There are:
• Income caps
• Property price limits
• Limited places each year
Regional First Home Buyer Support (Where Applicable)
Some additional support may apply in regional areas of NSW.
These can change over time and depend on location. We’ll help you check what applies to your situation.
Can You Combine Multiple Grants and Schemes?
In many cases, yes it's possible.
Some buyers may be eligible for:
• FHOG
• Stamp duty concessions
• First Home Guarantee Scheme
Understanding how they work together can significantly reduce your upfront costs.
👉🏼 Want to know how these grants affect what you can borrow? See how much you can borrow here.
Want to Know What You Qualify For?
Grants and schemes change regularly, and eligibility depends on your situation.
A quick chat can help you understand exactly what you can access. There’s no obligation and no cost.
👉 Have questions about grants or schemes? See our Home Loan FAQs here.