First home buyers made simple

Get the right loan for your first home. The government offers the First Home Guarantee Scheme, Family Home Guarantee, FHOG, and stamp duty concessions. With our support, you could be owning a home sooner than you think.

Explore schemes

*Government schemes subject to change. Eligibility criteria apply.

Select your state to see what’s available

First home buyer grants and stamp duty concessions by region

Grant / Scheme	Details	Value
First Home Guarantee & Family Home Guarantee	5% deposit (2% for single parents), no LMI. Sydney cap $1.5M, regional $800k.	Insurance savings
First Home Owner Grant (FHOG)	New homes ≤$600k or build ≤$750k.	$10,000
First Home Buyer Assistance Scheme	Stamp duty exemption new/established ≤$800k, reduction up to $1M.	Tax savings up to ~$31k
Max total support	+ tax & LMI savings	$10,000 + stamp duty savings

Grant/Scheme	Details	Value
First Home Guarantee	5% deposit, no LMI, property cap $1,000,000	LMI saving
Home Buyer Concession Scheme	Income <$250k, concession cap applies	Capped $35,238
Total support	+ stamp duty savings	$35,238 + LMI saving

Grant/Scheme	Details	Value
First Home Guarantee	5% deposit, Melbourne cap $950k, regional $650k	LMI saving
FHOG	New homes ≤$750k	$10,000
Homebuyer Fund	Shared equity – up to 25% contribution	Lower deposit
Stamp duty exemption	Homes ≤$600k, reduction up to $750k	Up to ~$28k

Scheme	Details	Value
First Home Guarantee	5% deposit, Adelaide cap $900k	LMI saving
FHOG	New homes (no cap from June 2024)	≤$15,000
HomeStart	Starter loan up to $10k, income limits	$10,000 (repayable)
Total grants	+ LMI saving	Up to $25,000 + savings

Scheme	Details	Value
First Home Guarantee	5% deposit, Hobart cap $700k	LMI saving
FHOG	New homes any value	$10,000
Stamp duty 50% discount	Established homes <$750k< /td>	Up to ~$12k

Scheme	Details	Value
First Home Guarantee	5% deposit, Brisbane cap $1M	LMI saving
FHOG	New homes ≤$750k	$30,000
QLD Housing Finance Loan	2% deposit, income ≤$141k	No LMI
Stamp duty exemption	Vacant land or new homes, existing up to ~$700k	Full exemption

Scheme	Details	Value
First Home Guarantee	5% deposit, cap $600k	LMI saving
FHOG (new homes)	Until Sep 2026	$50,000
Total	+ insurance savings	$50,000 + LMI saving

Scheme	Details	Value
First Home Guarantee	5% deposit, Perth cap $850k	LMI saving
FHOG	New homes only, land+house ≤$750k (south)	$10,000
Home Buyers Assistance	Property ≤$400k	≤$2,000
Keystart	Low deposit 2-10%, no LMI	Varies
Stamp duty exemption	Vacant land ≤$350k, house ≤$500k	Full exemption

*Scheme eligibility subject to income caps, property values and lender criteria. Always verify with your broker.

How much deposit do I need?

With the First Home Guarantee, you could buy with as little as 5% deposit. That’s only $25,000 for a $500,000 home or $40,000 for $800,000.

Top 6 benefits of using a G-Loans broker

1Qualifying you for first home owner schemes and helping you apply.
2Help preparing all required loan documentation.
3Access to over 50 lenders to find the right loan.
4Fully-assessed pre-approval so you can house-hunt with confidence.
5Manage all communications with your lender, keeping you updated.
6Lifetime support – we help you get a better rate when opportunities arise.

First home loan basics

Ready to find your first home?