First home owners grant

Looking to buy or build your first home? You might be able to apply for the First Home Owner Grant, which helps Australians to get the funds they need to buy, or build their first home. It can be hard to save up enough money to do this on your own, so the government offers a one-off payment to help you achieve your dream.

We’ve compiled all the information you might need about the First Home Owner Grant, from what it is, to the eligibility criteria, what the differences are in each state, how much you could receive, when the scheme started and when the grant gets paid.

What is the First Home Owner Grant?

The First Home Owner Grant (FHOG) was introduced back in July 2000 for first-time homeowners. It’s a nationwide scheme, but is funded by the individual states and territories, with each state or territory having its own legislation for the scheme.

The purpose of the FHOG is to encourage people to save up and buy their first home. It is worth finding out if you are eligible to apply if you are a first-time buyer. We have listed the criteria below.

How much is the First Home Owner Grant (FHOG) in 2021?

  • ACT - $0

  • NSW - $10,000

  • NT - $10,000

  • QLD - $15,000

  • SA - $15,000

  • TAS - $20,000

  • VIC - $10,000 or $20,000 for homes built in regional Victoria

  • WA - $10,000

Can I use the First Home Owner Grant (FHOG) as part of my deposit?

Yes, you can use the First Home Owner Grant (FHOG) as part of your deposit but you will usually need to have existing savings as the FHOG alone is rarely enough to cover a deposit. If you don't have any existing savings you can ask a parent to act as a guarantor on your loan. Learn more about guarantor loans here.

Can I get the First Home Owner Grant (FHOG)?

The following criteria is generally the same across all Australian states and territories:

  • The applicant must be buying or building a new home, which includes off-the-plan homes or substantially renovated homes.

  • The application for the FHOG, including the form and supporting documents, must be submitted within 1 year of completing an eligible transaction.

  • Everyone with relevant interest (i.e. legal entitlement) in the home must be an applicant.

  • Every applicant must be at least 18 years old.

  • Applicants cannot be a company or trust.

  • At least 1 applicant must be an Australian citizen or permanent resident.

  • Applicants must not have previously received a FHOG in any Australian state or territory. However, if this grant has been repaid, applicants may be eligible.

  • Applicants must not have held relevant interest in a residential property in Australia before 1st July 2000.

Low on a deposit? Read our guide to no deposit home loans.

FHOG criteria differences by state and territory...

There are some variations in the eligibility criteria for each state or territory, in addition to the criteria listed above:

First Home Owner Grant (FHOG) criteria in the Australian Capital Territory:

Since 1 July 2019, the ACT no longer offers First Home Owner Grants. Instead, the territory has extended the stamp duty exemptions and concessions it offers.

First Home Owner Grant (FHOG) criteria in New South Wales:

  • The contract date, when the contract to buy or build is signed, must be on or after 1st January 2016.

  • The value of a newly constructed or substantially renovated home should be less than $600,000

  • The combined value of the land for building and any dwelling intended to be built must be $750,000 or less.

  • Applicants must live in the home for at least 6 months.

  • Applicants must not have occupied and held relevant interest in the same property in Australia for at least 6 months after 1st July 2000.

First Home Owner Grant (FHOG) criteria in the Northern Territory:

  • Applicants must not have occupied and held relevant interest in the same property in Australia after 1st July 2000.

First Home Owner Grant (FHOG) criteria in Queensland:

  • The transaction must be completed on or after 1st July 2016.

  • The value of the property must be $750,000 or less.

  • Applicants must live in the home for at least 6 months, starting within 1 year of the completion of the transaction.

  • Applicants must not have held relevant interest in a property in Australia after 1st July 2000.

First Home Owner Grant (FHOG) criteria in South Australia:

  • Applicants must enter into a contract on or after 17 September 2010.

  • All applicants must live in the home for at least 6 months, starting within 1 year of the completion of the transaction.

  • Applicants must not have occupied and held relevant interest in the same property in Australia for at least 6 months after 1st July 2000.

First Home Owner Grant (FHOG) criteria in Tasmania:

  • Applicants must live in the home for at least 6 months, starting within 1 year of the completion of the transaction.

  • Applicants must not have occupied and held relevant interest in the same property in Australia after 1st July 2000.

First Home Owner Grant (FHOG) criteria in Victoria:

  • The value of the property must be $750,000 or less.

  • At least 1 applicant must live on the property for at least 1 year, starting within 1 year of the completion of the transaction.

  • Applicants must not have occupied and held relevant interest in the same property in Australia for at least 6 months after 1st July 2000.

First Home Owner Grant (FHOG) criteria in Western Australia:

  • All applicants must live in the home for at least 6 months, starting within 1 year of the completion of the transaction.

  • Applicants must not have held relevant interest in a property in Australia after 1st July 2000 and occupied the same property for at least 6 months after 1st July 2004.

How do I apply for the First Home Owner Grant (FHOG)?

Most people apply for the FHOG whilst they are applying for their home loan. Chat to a Home Loan Specialist who will explain the steps in full.

Get free expert advice at a time that suits you. Select a time to chat here.

When was the First Home Owner Grant (FHOG) introduced?

The FHOG was introduced on 1st January 2000 but has been amended since then. Whereas the grant used to apply to new or established homes, it now only applies to new homes.

The grant is no longer available in the ACT.

When does the First Home Owner Grant (FHOG) get paid?

You can apply for the FHOG through an approved agent, which may be your financial institution, or through the state’s revenue office. Who you apply through may depend on whether you are building or buying, and this will also affect the timing of the payment.

Read more about the FHOG here.

Some key terms explained:

  • Contract to build: This is an agreement with a builder who is contracted to carry out the construction of your home from beginning to end.

  • Owner builder: If you own land and are planning to build on this land without a contract to build, you would be considered as an owner builder.

  • Terms contract: If you are buying under a terms contract, this can mean you are obliged to make two more payment instalments after signing the contract, but before settlement.

Can I get the First Home Owners Grant (FHOG) to buy an investment property?

Unfortunately you cannot get the First Home Owners Grant (FHOG) when buying an investment property.

Australian states and territories typically require you to be an owner-occupier for a continuous period of at least 6 months (up to a year in some areas) in order to receive the First Home Owners Grant (FHOG). However, it’s a good idea to regularly check your state or territory’s legislation for changes in eligibility criteria.

For more information on the First Home Owners Grant (FHOG) visit: www.firsthome.gov.au

Important legal stuff

Lendi is the trading name of Lendi Pty Ltd (ACN 611 161 856), a related body corporate of Auscred Services Pty Ltd (ACN 164 638 171, Australian Credit Licence 442372). We will never sell your email address to any third party or send you nasty spam, promise.
# Quoted rate applies only to PAYG loans with LVR of 80% or less with security in non-remote areas. All applications are subject to assessment and lender approval.
Lendi is a privately owned and operated Australian business. Our mission is to change the way Australians get home loans by providing a faster, smarter and more secure home loan experience designed around the customer’s convenience and needs. Although Lendi compares over 1600 products (2,500+ products including feature and pricing variations) from more than 35 lenders, we don't cover the whole market or compare all features and there may be other features or options available to you. The Lendi Group Pty Ltd, which is the ultimate holding company of the Aussie and Lendi businesses is owned by numerous shareholders including; banks such as CBA, ANZ and Macquarie Bank, the Lendi founders and employees, and a number of Australian institutional investors and sophisticated investors including UniSuper.
*WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The comparison rates are based on a loan amount of $150,000 over a loan term of 25 years. Fees and charges apply. All applications are subject to assessment and lender approval. Quoted rate applies only to PAYG loans with LVR of 80% or less with security in non-remote areas. All applications are subject to assessment and lender approval.
IMPORTANT INFORMATION: Loan terms of between 1 Year and 40 Years are available subject to lender and credit criteria. Maximum comparison rate will not exceed 14.99% (see comparison rate warning above). Any calculations or estimated savings do not constitute an offer of credit or a credit quote and are only an estimate of what you may be able to achieve based on the accuracy of the information provided. It doesn't take into account any product features or any applicable fees. Our lending criteria and the basis upon which we assess what you can afford may change at any time without notice. Savings shown are based on user inputted data and a loan term of 30 years. All applications for credit are subject to lender credit approval criteria.
Made with love at Circular Quay in Sydney, Australia. © 2021. All rights reserved.