First Home Owner Grant NSW 2025

The First Home Owner Grant (FHOG) in New South Wales is a $10,000 cash grant provided by the NSW Government to help eligible first home buyers purchase or build a new home. Combined with stamp duty exemptions and federal government schemes, the FHOG can significantly reduce the upfront cost of entering the Sydney and NSW property market.

The NSW First Home Owner Grant: Key Details

The NSW FHOG provides:

$10,000 cash grant for the purchase or construction of a new home
The property must have a total value of $600,000 or less for a completed new home, or $750,000 or less for a new home being constructed (house and land combined)
The grant is paid directly to your lender at settlement (or at the first drawdown for construction loans)
You must live in the property as your principal place of residence for a continuous period of at least 6 months

Unlike some older versions of the grant, the NSW FHOG is only available for new homes — not established (existing) properties.

Stamp Duty Exemption and Concessions

In addition to the $10,000 grant, NSW first home buyers benefit from significant stamp duty (transfer duty) relief:

Full exemption: No stamp duty on new or existing homes valued up to $800,000
Concession: Reduced stamp duty on new or existing homes valued between $800,001 and $1,000,000
Above $1,000,000: Full transfer duty rates apply (no first home buyer concession)

This stamp duty relief applies to both new and existing homes — unlike the $10,000 grant, which is only for new properties. A first home buyer purchasing an established home at $750,000 in NSW would save approximately $29,077 in stamp duty that would otherwise be payable.

Eligibility Requirements

To be eligible for the NSW FHOG, each applicant must:

Be an Australian citizen or permanent resident
Be 18 years of age or older
Have not previously owned or co-owned residential property in Australia
Have not previously received a first home owner grant in any Australian state or territory
Intend to occupy the property as their principal place of residence for at least 6 continuous months, commencing within 12 months of settlement

All applicants on the loan must meet these requirements. If buying with a partner, both must be first home buyers.

What Counts as a “New Home”?

A new home for NSW FHOG purposes means:

A newly constructed dwelling that has not been previously occupied or sold as a place of residence
A substantially renovated home where the existing dwelling has been renovated and has not been previously occupied since the renovation
A home built to replace a demolished dwelling on the same land

Off-the-plan apartments and house-and-land packages qualify as new homes provided the total contract value meets the threshold.

How to Apply for the NSW FHOG

Most applicants apply through their lender at the time of settlement. Your mortgage broker or bank will lodge the FHOG application on your behalf as part of the home loan process. You can also apply directly through Revenue NSW if not using a lender, though this is less common.

You will need to provide:

Proof of identity (passport, driver’s licence)
Contract for sale or building contract
Evidence of Australian citizenship or permanent residency
Declaration that you meet all eligibility criteria

For guidance on combining the FHOG with other schemes like the First Home Guarantee or FHSS, speak with a first home buyer mortgage broker. Our team also serves buyers across Sydney and regional NSW.

NSW First Home Buyer Assistance: Full Summary

Benefit	Amount / Threshold	New or Existing?
First Home Owner Grant	$10,000	New homes only (under $600k)
Stamp duty exemption	Full exemption	Both (under $800k)
Stamp duty concession	Partial	Both ($800k–$1m)
First Home Guarantee	5% deposit, no LMI	Both (under $900k in Sydney)
FHSS scheme	Up to $50k from super	Both

Frequently Asked Questions

How much is the NSW First Home Owner Grant?

The NSW First Home Owner Grant is $10,000. It applies to the purchase or construction of a new home valued at $600,000 or less (or $750,000 or less for a new home being built under a construction contract). The grant is paid by Revenue NSW directly to your lender at settlement, reducing the funds you need to bring to completion.

Do I get a stamp duty exemption as a first home buyer in NSW?

Yes. First home buyers in NSW are fully exempt from stamp duty (transfer duty) on new and existing homes valued up to $800,000. For properties between $800,001 and $1,000,000, a partial concession applies. This exemption alone can save a Sydney first home buyer $20,000–$35,000+ depending on the purchase price, making it one of the most valuable benefits available.

Can I get the NSW FHOG for an existing home?

No. The $10,000 First Home Owner Grant in NSW is only available for new homes — properties that have not been previously occupied or sold as a residence. However, the stamp duty exemption (up to $800,000) and concession ($800,001–$1,000,000) do apply to existing homes. If you’re buying an established property, you can still save significantly on stamp duty even if you don’t qualify for the $10,000 grant.

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About the Author
Victor Lagos is a licensed mortgage broker (ACL 546774) and founder of Lagos Financial, with close to 20 years of finance industry experience since beginning his career at Bluestone Mortgages in 2006. A member of the Finance Brokers Association of Australia (FBAA) since 2015 and the Australian Financial Complaints Authority (AFCA — 98399), Victor helps Australians build wealth through tailored home loan and property investment strategies, working with 60+ lenders nationwide. Last reviewed: March 2026.

First Home Owner Grant NSW: $10,000 Grant Guide