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Understanding ways

you can buy your home sooner



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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.



FAQ's for Home Buyer Grants & Schemes

  • What are government home buyer schemes?

    These are initiatives introduced by governments to assist individuals and families in purchasing their own homes. These schemes often provide financial incentives, grants, or assistance programs to help make homeownership more accessible and affordable.

  • What are the benefits of government home buyer schemes?

    Government home buyer schemes offer several benefits, including financial assistance or grants that can be used toward the purchase price or associated costs of buying a home. These schemes can help first-time buyers enter the property market, overcome affordability challenges, and reduce the financial burden of purchasing a home.

  • What are the guarantees under the Home Guarantee Scheme?

    First Home Guarantee (FHBG) supports eligible first home buyers to buy their first home sooner, with a deposit as little as 5%. Family Home Guarantee (FHG) supports eligible single parents with at least one dependent child to buy a home, with a deposit as little as 2%. Regional First Home Buyer Guarantee (RFHBG) supports eligible regional first home buyers to buy a home in a regional area, with a deposit as little as 5%.

  • Can government home buyer schemes be combined with other grants or incentives?

    In some cases, they can be combined.For example, the First Home Owner Grant may be combined with stamp duty concessions or other state-specific benefits.

  • How can I avail of the Home Guarantee Scheme?

    You have to course your application through participating lenders. The National Housing Finance and Investment Corporation doesn’t accept direct applications.

  • Can I apply with someone else?

    For the First Home Guarantee (FHBG) or Regional First Home Buyer Guarantee (RFHBG), you can apply as an individual (single application), or as part of a borrower couple (couple application). The FHBG identifies a couple application as two eligible borrowers who are married or in a de facto relationship with each other.

  • Can I apply as a single applicant even if I am married or have a de facto partner?

    Yes, you can. It will be filed under a single application and only you will be considered for the eligibility criteria. Once approved, only your name will appear in the servicing of the loan.