First Home Owner (New Home) Grant

First home buyers who are building or buying a newly built home may be eligible for a $10,000 grant to put towards the purchase price.

First home buyers who build a new home or purchase a brand new or substantially renovated property can receive a $10,000 grant.

On this page

• How it works
• Eligibility
• How to apply
• Property types and price limits
• What else am I eligible for?
• Contact us

How it works

The grant is only available for homes that no-one has lived in before.

It can be a house, townhouse, apartment, unit or similar that is newly built, purchased off the plan or has just been substantially renovated.

The grant is not means tested and you do not have to pay tax on it.

Eligibility

To be eligible for the program, first home buyers must be:

• 18 years or over

• an Australian citizen or a permanent resident of Australia
• purchasing their first home
• planning to live in the home for 12 months.

See key definitions and eligibility criteria for more information, including possible exemptions to the above.

How to apply

You can apply for the First Home Owner (New Home) Grant through your bank or financial institution when you’re arranging finance.

You'll need to provide documents to prove your identity and contracts for your property purchase when you apply.