First Home Owner Grant

A one-off payment from your state government for eligible buyers purchasing or building a new home. Eligibility and amounts vary by state, and we'll check what applies to your situation before you apply.

First Home Guarantee

A federal scheme that lets eligible buyers purchase with as little as 5% deposit without paying Lenders Mortgage Insurance, subject to place availability and property price caps.

Stamp duty concessions

Many states offer reduced or waived stamp duty for first home buyers under a certain purchase price — often the single biggest saving available at settlement.

Guarantor loans

A family member can use equity in their own property to help cover part of your deposit, potentially avoiding LMI without you needing the full 20% saved.

A realistic first-timer's checklist

1

Check eligibility

Grants and guarantees have income caps, property price caps, and residency requirements that vary by state.

2

Get pre-approved

Knowing your borrowing power before you start inspecting properties keeps your search realistic.

3

Budget for extra costs

Stamp duty, conveyancing, building inspections, and moving costs typically add several thousand dollars beyond the deposit.

4

Apply with confidence

We package your application to reflect the full picture lenders want to see, reducing back-and-forth requests.

Not sure what you qualify for?

We'll check the grants and schemes available in your state in one short call.

Book a free chat