First Home Owner Grant NSW 2026: Amounts, Eligibility & How to Apply

Last updated: May 2026 · Reading time: 5 minutes

Key facts

• Grant amount: $10,000
• Applies to: New builds and substantially renovated homes only
• Property value cap: $600,000 (new builds); $750,000 (land + construction contract)
• Administered by: Revenue NSW
• Last verified: May 2026 — revenue.nsw.gov.au

General information only. Not personal financial advice.

How much is the NSW First Home Owner Grant?

The NSW First Home Owner Grant is $10,000 for eligible buyers of newly built or substantially renovated homes. It is paid at settlement (or at the first loan drawdown for construction loans) and is tax-free.

The grant is not available for established (second-hand) homes. If you're buying an existing property in NSW, you won't qualify for the FHOG — but you may still qualify for stamp duty relief (see below).

Property value caps:

• New home (completed dwelling): total property value must not exceed $600,000
• Vacant land + construction contract: combined value must not exceed $750,000

Am I eligible?

To qualify for the NSW FHOG, you must meet all of the following:

• You are 18 years of age or older
• You are an Australian citizen or permanent resident (at least one applicant must be)
• You (and your spouse or partner) have not previously owned or co-owned residential property in Australia — this includes investment properties, even ones you never lived in
• You intend to occupy the property as your principal place of residence within 12 months of settlement or construction completion
• You must live in the property continuously for at least 12 months
• The property is a new home (newly built, substantially renovated, or off-the-plan)
• The total value of the property is within the cap ($600,000 for new homes, $750,000 for land + construction)

Stamp duty for first home buyers in NSW

NSW offers significant stamp duty relief for first home buyers — in many cases, this saving is larger than the $10,000 grant itself.

Full exemption: No stamp duty on properties valued up to $800,000. At $800,000, the standard stamp duty would be approximately $31,000 — that's the saving you get.

Partial concession: A reduced rate applies for properties between $800,000 and $1,000,000. The concession tapers as the price approaches $1,000,000.

Above $1,000,000: Full stamp duty applies — no first home buyer relief.

The duty exemption applies to both new and established homes, so you can still save significantly on stamp duty even if you don't qualify for the FHOG.

How to apply for the NSW FHOG

Through your lender (most common):

1. Tell your mortgage broker or bank that you're applying for the FHOG
2. Your lender processes the application as part of the settlement paperwork
3. The $10,000 is applied directly at settlement — you don't receive a separate payment

Direct application (for cash purchases or owner-builders):

1. Apply directly to Revenue NSW at revenue.nsw.gov.au
2. Submit within 12 months of settlement or the date of occupation (whichever is earlier)

Keep all contracts, receipts, and correspondence — Revenue NSW requires documentation to process the claim.

Combining the FHOG with the FHSS scheme

The NSW FHOG and the First Home Super Saver (FHSS) scheme are entirely separate and can be used together. A first home buyer building a new home in NSW can receive:

• $10,000 from the NSW FHOG at settlement
• Up to $50,000 (plus earnings) from their FHSS contributions as part of their deposit
• Stamp duty saving of up to ~$31,000 on properties under $800,000

That's a combined benefit potentially exceeding $90,000 before any couple-stacking (couples can each access their own $50K FHSS cap, meaning up to $100K combined from FHSS alone).

General information only. Not personal financial advice. Grant amounts, thresholds, and eligibility conditions are subject to change. Verify current figures directly with Revenue NSW before making financial decisions.

Source: Revenue NSW — First Home Owner Grant · Last verified: May 2026