How Much Do You Get for the First Home Buyers Grant? State-by-State Overview

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If you’re wondering how much do you get for the first home buyers grant, it’s important to know that the amount isn’t the same across Australia. Each state and territory sets its own grant value and eligibility requirements.

If you’re wondering how much do you get for the first home buyers grant, it’s important to know that the amount isn’t the same across Australia. Each state and territory sets its own grant value and eligibility requirements.

Generally, first home buyers can expect between $10,000 and $20,000 when purchasing or building a new home. Some states offer higher payments for new constructions or regional areas to encourage housing supply. However, existing homes are usually excluded from the grant.

Grant payments are subject to income limits, property value caps, and residency conditions. Buyers must live in the property for a minimum period to keep the grant. Many first home buyers also use the grant alongside stamp duty concessions and the First Home Guarantee Scheme.

Knowing how much you get for the first home buyers grant—and how to maximise it—can significantly reduce upfront costs and help you enter the property market sooner.

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