Purchasing your very first property is an exciting milestone, and navigating the available state concessions and federal grants can save you tens of thousands of dollars at settlement.

• Stamp Duty Relief: Eligible buyers pay zero transfer duty on new or established homes valued up to $800,000, with scaling concessions up to $1,000,000.


• The $10,000 Cash Grant: Available specifically for the purchase or construction of brand-new or substantially renovated homes up to $600,000 (or $750,000 for house-and-land builds).


• Federal 5% Deposit Scheme: The First Home Guarantee (FHBG) allows eligible purchasers to buy a home with a deposit as low as 5% without paying costly Lenders Mortgage Insurance (LMI), backed by a government guarantee.


• Living Requirements: To protect your state exemptions and grants, you must move into the property within 12 months of settlement and occupy it continuously for a full 12-month period.

Eligibility criteria apply strictly to your residential history, citizenship, income caps, and property thresholds. You can explore guidelines directly via the official portals:

• 👉 State Concessions: Revenue NSW Scheme website
• 👉 5% Deposit Scheme: Housing Australia Scheme website

Contact us to discuss your eligibility and requirements.