The First Home Owner Grant, by state

In short

The amount of the First Home Owner Grant in each state and territory, which homes qualify and the price caps, from official sources. New homes only: 7 of 8 states and territories (New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania and Northern Territory).

State by state

New South Wales

In New South Wales, the First Home Owner Grant is $10,000 for a new or substantially renovated home worth up to $600,000, or up to $750,000 for a land plus building contract. The buyer must live there for 12 continuous months.

Victoria

In Victoria, the First Home Owner Grant is $10,000 for a new home worth up to $750,000 that has never been sold, occupied, leased or used for short-term accommodation. The buyer must live there 12 months.

Queensland

In Queensland, the First Home Owner Grant is $30,000 for a new home valued at less than $750,000, including land and contract variations, for contracts from 20 November 2023. The 2026 State Budget page says the grant is continued for contracts from 1 July 2026.

Western Australia

In Western Australia, the First Home Owner Grant is up to $10,000 for a new or substantially renovated home. For transactions from 7 May 2026 the value cap is $800,000 south of the 26th parallel and $1,000,000 north of it.

South Australia

In South Australia, the First Home Owner Grant is up to $15,000 for buying or building a new home that will be the principal place of residence.

Tasmania

In Tasmania, the First Home Owner Grant is $20,000 for an eligible transaction commencing on or after 1 July 2026 and before 1 July 2027, completed within 24 months. It is for a newly built home or building a new residence.

Australian Capital Territory

In the ACT, the First Home Owner Grant amount has been a nil amount since 1 July 2019. ACT home buyers use the duty concession scheme instead.

Northern Territory

In the Northern Territory, the First Home Owner Grant is $50,000 for transactions commencing from 1 October 2025 to before 1 October 2027, and $10,000 from 1 October 2027. Only a new home qualifies for purchase contracts since 1 October 2025.

The table

“—” means the guide does not state it. Download the data: first-home-owner-grant.json (CC BY 4.0, cite Payotte with a link).

• Queensland: Continuation from 1 July 2026 is announced; legislated position to be checked with the QRO.
• South Australia: Price cap not stated in the guide; check RevenueSA.
• Tasmania: Price cap not stated in the guide.
• Australian Capital Territory: No grant, so no property rule or price cap.
• Northern Territory: No price threshold applies to current transactions.