What Is the NSW First Home Owner Grant?

The NSW First Home Owner Grant is a one-time payment from the NSW government for eligible first home buyers purchasing or building a new residential property. As of 2026, the grant amount is $10,000 for new homes across NSW.

Note: The FHOG applies to NEW homes only. If you're buying an established property, you won't receive the grant — but you may be eligible for stamp duty concessions.

Who Is Eligible for the NSW FHOG in 2026?

To qualify for the $10,000 FHOG in NSW, you must meet all of the following:

• Australian citizen or permanent resident aged 18 or over
• You or your partner have never previously owned residential property in Australia
• Purchasing or building a NEW home (not an established property)
• Total property value must not exceed $600,000 for purchase, or $750,000 for a contract to build
• You must intend to live in the property for at least 12 months commencing within 12 months of settlement

Stamp Duty Concessions — A Separate Benefit

Separate to the FHOG, NSW first home buyers may qualify for stamp duty concessions:

• Full stamp duty exemption on properties valued up to $800,000
• Partial stamp duty concession on properties valued between $800,000 and $1,000,000
• This applies to BOTH new and established properties — unlike the FHOG

The Federal 5% Deposit Scheme — Stack It With the FHOG

The First Home Guarantee allows eligible first home buyers to purchase with as little as a 5% deposit, with the Federal Government guaranteeing the remaining 15% — meaning you avoid LMI entirely.

You can combine the First Home Guarantee with the NSW FHOG if buying a new home — giving you both a $10,000 grant AND no LMI.

How to Claim the NSW First Home Owner Grant

You can claim the FHOG in two ways:

• Through an approved lender — the grant is included in your loan settlement, so you don't need to find the funds separately
• Directly through Revenue NSW — submit your application within 12 months of settlement or construction completion

Common Reasons FHOG Claims Are Rejected

• Buying an established property assuming the FHOG applies — it doesn't
• One applicant previously owned property in their own name
• Not moving into the property within 12 months of settlement
• Property value exceeding the threshold
• Purchasing in a trust or company name

Frequently Asked Questions