How much is the First Home Owner Grant in New South Wales?

$10,000 — for new homes valued up to $600,000 (or land+build within the cap). Confirm the current amount and property cap with the state revenue office before budgeting around it.

Can I use the First Home Guarantee on a house and land package?

Yes — new builds are eligible, and several regions apply higher caps to newly built homes than to established ones. Apply through a participating lender before exchange.

When is the grant paid?

When lodged through an approved agent (your lender), the grant is paid at settlement or first drawdown and can count toward your deposit. Direct applications are paid after the revenue office assesses them.

First Home Buyer Schemes New South Wales 2026

The New South Wales assistance package for first home buyers in 2026 combines a First Home Owner Grant of $10,000 (for new homes valued up to $600,000 (or land+build within the cap)), state stamp duty relief, and access to the federal Home Guarantee Scheme. House and land packages qualify across the board. Figures are current as at October 2026 — confirm with the state revenue office before you sign.

First Home Owner Grant

$10,000

For new homes valued up to $600,000 (or land+build within the cap). Applied for via the state revenue office or your lender as an approved agent — the lender route pays the grant at settlement.

Stamp duty

No stamp duty for eligible first home buyers on new and existing homes up to $800,000; concessional rates to $1,000,000 (First Home Buyer Assistance scheme).

First Home Guarantee

First Home Guarantee price cap for Sydney and regional centres applies — check Housing Australia for the current year's cap. 5% deposit, no LMI.

Also worth knowing

First Home Buyer Choice (annual property tax instead of stamp duty) has applied to eligible purchases — confirm current settings, as this policy has been subject to change.

How to apply in New South Wales

Confirm eligibility (citizenship, prior ownership, price caps) with the state revenue office or your conveyancer.
Apply for the Home Guarantee through a participating lender or broker before signing contracts.
Route the First Home Owner Grant through your lender so it lands at settlement and counts toward your deposit.
Lodge duty concession paperwork with your transfer documents — never leave it to after settlement.

Official portal: www.revenue.nsw.gov.au

House and land in New South Wales

Packages in New South Wales

Current corridors and prices in New South Wales

First Home Owner Grant guide

National grant rules and application process

Stamp duty explained

Concessions and worked examples

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Frequently asked questions

How much is the First Home Owner Grant in New South Wales?: $10,000 — for new homes valued up to $600,000 (or land+build within the cap). Confirm the current amount and property cap with the state revenue office before budgeting around it.
Can I use the First Home Guarantee on a house and land package?: Yes — new builds are eligible, and several regions apply higher caps to newly built homes than to established ones. Apply through a participating lender before exchange.
When is the grant paid?: When lodged through an approved agent (your lender), the grant is paid at settlement or first drawdown and can count toward your deposit. Direct applications are paid after the revenue office assesses them.