First Home Owner Grant WA | $10,000 Western Australia FHOG 2026

First Home Owner Grant Western Australia: Full Guide for 2026

Western Australia provides strong support for first home buyers through the $10,000 First Home Owner Grant, a transfer duty concession scheme, and the Keystart low-deposit home loan program — a WA-Government-backed initiative that helps buyers enter the market with as little as a 2% deposit. Lagos Financial helps first home buyers navigate these programs and connect with the right lenders.

The WA First Home Owner Grant — $10,000

The Western Australian Government offers a $10,000 FHOG for eligible first home buyers who build or buy a new home. The grant is administered by the WA State Revenue, part of the Department of Finance.

The grant applies to new homes only — newly built homes, off-the-plan properties, house-and-land packages, or substantially renovated dwellings. It does not apply to the purchase of established (second-hand) homes.

WA FHOG Value Caps

Unlike some other states, Western Australia applies value caps that differ based on the location of the property:

South of the 26th parallel (includes Perth metropolitan area and most of the state’s population): property value must not exceed $750,000
North of the 26th parallel (regional WA including areas like Broome, Karratha, Port Hedland): property value must not exceed $1,000,000

These caps recognise the significant price variation between Perth and remote northern regions of the state.

Eligibility Requirements — WA FHOG

To qualify for the Western Australian First Home Owner Grant:

You must be 18 years of age or older
You (and all co-applicants) must be Australian citizens or permanent residents
You must never have owned residential property anywhere in Australia before (or have owned property after 1 July 2000 and occupied it)
You must move into the home as your principal place of residence within 12 months of settlement
You must live there for a continuous period of at least 6 months

WA First Home Buyer Transfer Duty Concession

Western Australia offers a transfer duty (stamp duty) concession for first home buyers, which applies to both new and established properties — making it broader than the FHOG itself.

Properties Up to $430,000

First home buyers purchasing a home valued at up to $430,000 pay zero transfer duty in WA. This exemption provides significant savings — on a $430,000 property, standard duty would typically be approximately $14,440.

Properties Between $430,001 and $530,000

For properties priced between $430,001 and $530,000, a concessional rate of duty applies. The concession tapers off as the purchase price increases toward $530,000. Above $530,000, full standard duty applies for first home buyers.

Vacant Land — Duty Concession

First home buyers purchasing vacant land (where they intend to build) can access a duty concession on land valued up to $300,000, with a reduced concession applying up to $400,000. This is particularly useful for buyers pursuing house-and-land packages.

Keystart: WA Government’s Low-Deposit Home Loan

Keystart is a Western Australian Government-backed lender that offers low-deposit home loans to eligible first home buyers who cannot access standard bank lending. Key features include:

Minimum deposit of just 2% for standard loans (the government provides additional backing)
No Lenders Mortgage Insurance (LMI) required
Available to singles, couples, and families meeting income and property price limits
Income limits apply (typically around $105,000 for singles, $130,000 for couples, $155,000+ for families, though these are reviewed periodically)
Property purchase price limits also apply based on location

Keystart loans are a stepping stone — once you have built sufficient equity, you can refinance to a standard lender for a potentially lower interest rate. Many Keystart borrowers transition to mainstream lenders within 3–5 years.

Learn more about buying a property and how Lagos Financial can assist with your first home purchase in WA.

Combining Benefits — An Example

A first home buyer in Perth purchasing a new house-and-land package for $500,000 could potentially receive:

$10,000 First Home Owner Grant
Partial transfer duty concession (saving several thousand dollars)
Access to Keystart financing with a 2% deposit

Frequently Asked Questions — WA FHOG

Can I use the WA FHOG for an established home?

No. The $10,000 WA First Home Owner Grant applies only to new homes. You can still access the transfer duty concession on established homes, but not the grant itself.

Can I access Keystart and the FHOG simultaneously?

Yes. You can apply for a Keystart loan and the FHOG at the same time, provided you meet the eligibility criteria for both. Keystart is an approved agent and can lodge your FHOG application on your behalf at settlement.

What is the income limit for the WA FHOG?

There is no income limit for the WA First Home Owner Grant. Income limits apply to Keystart loans and other specific programs, but the FHOG itself is available to all eligible first home buyers regardless of income, provided they meet the residency and ownership criteria.

How does the transfer duty concession differ from the FHOG?

The FHOG is a cash grant paid at settlement. The transfer duty concession reduces or eliminates the stamp duty you would normally pay on a property purchase. They are separate benefits and can generally be accessed simultaneously if you qualify for both.

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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 WA | Western Australia FHOG Guide 2026