First Home Buyer · NSW
Buying your first home in NSW?
Check which grants, stamp duty concessions and upfront-cost questions may be worth reviewing before you start making offers.
Check My Benefits
Answer a few questions to see what may be worth checking.
General information only — not personal financial advice. Subject to lender criteria. Disclaimer.
NSW first-home buyers may be able to access government support such as the First Home Owner Grant for eligible new homes and transfer duty concessions under the First Home Buyers Assistance Scheme. Eligibility depends on the property, price, buyer status and current government rules.
What support may be available
- First Home Owner Grant
- First Home Buyers Assistance Scheme (transfer duty concessions)
- Deposit and upfront cost questions
- Lenders mortgage insurance considerations
- Pre-approval and borrowing position
$10,000 First Home Owner Grant
May apply when buying or building an eligible new home or substantially renovated home. Eligibility criteria apply.
Stamp duty concessions
Eligible first-home buyers may receive a full or partial transfer duty concession depending on purchase price and eligibility.
Other finance questions
Government help is only one part of buying. Deposit, upfront costs, borrowing capacity and lender policy still need to be checked.
What buyers often misunderstand
- The grant is not available for every property.
- Stamp duty concessions depend on price and eligibility.
- Government help does not mean the loan will be approved.
- Upfront costs can still be significant.
- A broker review may still be needed before making offers.
How it works
Answer a few questions
See what may be worth checking
Understand upfront cost questions
Request a broker review if needed
General information only. This page does not provide legal, tax, financial or credit advice. It is not a loan approval, pre-approval, quote, recommendation or offer of credit. Borrowing capacity, loan suitability and approval are subject to full assessment, lender credit criteria, verification of your information, responsible lending obligations, property valuation and product availability. Obtain Finance does not compare every lender or product in the market. Eligibility for government grants, concessions and schemes depends on current government rules and your circumstances — always confirm eligibility with Revenue NSW or an appropriate professional.
Michael Short is a Credit Representative (468493) of an Australian Credit Licence holder (ACL 389328).