January 2025
If you’re a first home buyer, you may be able to secure state or federal government assistance when buying your property.

All states and territories, except for the ACT, offer first home buyer grants, ranging from $10,000 in several states to up to $50,000 in the Northern Territory, provided you’re an owner-occupier.
In some states, you must purchase a new home; in other states, both new and established homes are allowed. Income and property price caps may also apply, depending on where you live.
All states and territories, except for the Northern Territory, offer stamp duty concessions as an incentive for first home buyers, ranging from complete exemptions to partial discounts. Again, conditions apply and these vary depending on the state or territory.
Meanwhile, the federal government offers several first home buyer assistance schemes.
Under the First Home Guarantee and Regional First Home Buyer Guarantee, eligible first home buyers can enter the market with just a 5% deposit, without having to pay lenders mortgage insurance. Income and property price caps apply.
Also, another scheme, called Help to Buy, is expected to go live later this year. Help to Buy is a shared-equity scheme in which the government will acquire a stake of up to 40% for a new home and up to 30% for an established home, thereby reducing the buyer's contribution to as little as 60-70% of the purchase price.
Click on the official websites below for more information