Grants and guidance
First home buyer grants, up to $30,000
The amount depends on your state. Queensland pays $30,000 on eligible new homes, and WA and Victoria pay $10,000.
| Support | Western Australia | Victoria | Queensland |
|---|---|---|---|
| New home grant | $10,000, value up to $800,000* | $10,000, value up to $750,000 | $30,000, value under $750,000 |
| No stamp duty on homes up to | $600,000 | $600,000 | $700,000 established. New homes have no cap. |
| Reduced stamp duty up to | $800,000 | $750,000 | $800,000 established |
| Vacant land to build on | No duty to $450,000, reduced to $550,000 | No duty to $600,000, reduced to $750,000 | No duty, no cap |
| 5% Deposit Scheme cap, cities | Perth $850,000 | Melbourne, Geelong $950,000 | Brisbane, Gold Coast, Sunshine Coast $1,000,000 |
| 5% Deposit Scheme cap, elsewhere | $600,000 | $650,000 | $700,000 |
*South of the 26th parallel. The WA cap is $1,000,000 further north. You can often combine a grant, a duty concession and the 5% Deposit Scheme on one purchase.
Checked 4 November 2026. Official sources: RevenueWA Circular 23 · WA First Home Owner Grant · SRO Victoria grant · Queensland grant · QRO new home concession. Rules change, so confirm before you sign.
How the grants work
- New homes only. You buy a brand-new home or build one. Established homes do not qualify in these three states.
- Value limits count the land too. When you build, the land and the build are usually added together.
- You have to live there. Each state sets a minimum period, and you may have to repay the grant if you don't meet it.
- Timing varies. Many buyers get the money at settlement or the first build payment. Don't count on it for your deposit until your lender confirms.
Queensland's $30,000
The Queensland Government has continued the $30,000 grant for eligible contracts signed from 1 July 2026. The home must be valued under $750,000, including land.
Federal help, wherever you buy
- 5% Deposit Scheme: 5% deposit with no Lenders Mortgage Insurance.
- First Home Super Saver Scheme: release up to $50,000 of voluntary super contributions per person.
- Help to Buy: the government co-buys up to 40% of a new home or 30% of an existing one, from a 2% deposit, with income and price caps. You can't combine it with the 5% Deposit Scheme.
State programs to ask about
- WA: Keystart low deposit loans and the off-the-plan duty concession.
- Victoria: off-the-plan duty concessions. The Victorian Homebuyer Fund is listed as closed.
- Queensland: Boost to Buy and the Queensland Housing Finance Loan.