First Home Buyer - NSW

As a first home buyer in New South Wales, you may be eligible for a duty exemption, concession and/or a grant.

First Home Buyers Assistance Scheme

What's on offer

• Full or partial exemption on transfer duty.

Requirements

• Buying your first home in Australia
• Its value must be less than $800,000
• Find out about more requirements
  
  

First Home Owner Grant ( New Home )

What's on offer

• $10,000 towards the purchase price, in addition to the First Home Buyers Assistance Scheme benefits

Requirements

• Buying or building your first home
• It's a new home that no-one has lived in before
• It's worth no more than $750,000
• Find out about more requirements

First Home Buyer Choice ( Property Tax ) 

What's on offer

• Choice to pay either the existing up front transfer duty or an annual property tax.

Requirements

• Buying your first home in Australia
• New or existing home with a value up to $1.5 million
• Vacant land on which you intend to build a home with a value up to $800,000
• Find out about more requirements at First Home Buyer Choice.

Who can apply

To qualify as a first home buyer, you must be purchasing the first home you or your spouse have owned or co-owned in Australia, although there are some exceptions.

You must also move into the property within 12 months, and live there for at least six continuous months.

You must be:

• an Australian citizen or a permanent resident of Australia
• at least 18 years old.