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HOMEBUYER GOVERNMENT SCHEMES AND GRANTS

Understanding ways

you can buy your home sooner

ask your broker

First Home Owner Grant

Get access to a minimum of $10,000 in grants to aid first home buyers. Requirements and aid differ per state or territory.

To meet minimum eligibility, you must:

  • be at least 18 years old
  • be an Australian citizen or permanent resident
  • must not have received the FHOG in the past
  • need to move into your house within 12 months after settlement or completion of the house
  • need to live in it for at least six months.

Help to Buy Scheme

The government can guarantee up to 40% of your property purchase.

To be eligible you must:

  • be at least 18 years old
  • have no property under your name
  • have a gross income not exceeding $90,000

First Home Loan Deposit Scheme

Get a home loan with only a 5% deposit. The government will guarantee up to 15%.

To be eligible you must:

  • be at least 18 years old
  • not have owned property in Australia before
  • be an eligible first home buyer
  • meet income requirements not exceeding $125,000
  • have a deposit of at least 5% in genuine savings.

Family Home Guarantee

Get a home loan with only 2% deposit as a single parent with at least one dependant.

To be eligible you must:

  • be at least 18 years old
  • must have an income not exceeding $125,000
  • not currently own a property
  • intend to be owner-occupier of the purchased property

First Home Super Saver Scheme

Get access to a portion of your super fund for your first home purchase.

To be eligible you must:

  • be at least 18 years old
  • have never used the FHSSS before
  • have never held freehold interest or lease of land in Australia.

Stamp Duty Concession

Save thousands of dollars from getting stamp duty concessions.*

To be eligible you must:

  • buy a property in Australia
  • meet the eligibility requirements of your state

*Eligibility requirements and concession details differ per state/territory

Ready to purchase your home? Talk to our home loan experts today.