Combined value
What's available to you in New South Wales
First home buyers in New South Wales can access multiple government grants and concessions simultaneously. Here's the maximum combined value if you qualify for everything.
$10,000
First Home Owner Grant
$28,650
Avg stamp duty saved (2024-25)
$50,000
FHSS super withdrawal
$88,000+
Combined max value
New South Wales state grants
State government support
Administered by the New South Wales State Revenue Office. Apply through your conveyancer or solicitor at settlement, or through your lender for construction loans.
State Grant
First Home Owner Grant (FHOG)New builds only
A one-off $10,000 payment from the NSW Government for eligible buyers of brand-new homes.
✓Combines with NSW stamp duty exemption — both available on new homes under $800k
✓Combines with federal 5% Deposit Scheme — no income caps from October 2025
✓Combines with FHSS super withdrawal up to $50,000
Key conditions
- New homes only — never previously occupied or sold as residential property
- Includes newly built, off-the-plan and substantially renovated homes
- Property value must not exceed $600,000 (or $750,000 for house and land packages)
- Must be an Australian citizen or permanent resident, aged 18+
- You and your partner must never have owned residential property in Australia
- Must occupy as principal place of residence within 12 months
State Concession
First Home Buyers Assistance Scheme — Stamp Duty ReliefNew & established homes
NSW's most valuable first home buyer benefit — full stamp duty exemption on homes up to $800,000. Saved an average of $28,650 per buyer in 2024-25.
✓Stacks with FHOG on new homes under $600k
✓Applies to established homes even without FHOG eligibility
Key conditions
- Full exemption on properties $800,000 or less — new AND established homes
- Concessional rate on properties $800,001 to $1,000,000
- No exemption above $1,000,000
- Full exemption on vacant land up to $350,000; concession $350,001–$450,000
- Must be your principal place of residence
- Must meet first home buyer eligibility criteria
Federal grants
Federal government schemes
These federal schemes stack on top of New South Wales state grants. Most are administered through Housing Australia and participating lenders.
🏠
5% Deposit Scheme (First Home Guarantee)
Buy with just 5% deposit and no LMI. No income caps from October 2025. No annual limit on places. Property price cap in Sydney: $1,500,000. Apply through a participating lender.
🤝
Help to Buy — Shared Equity (launched Dec 2025)
Government contributes up to 40% for new homes, 30% for existing. Minimum 2% deposit. Income caps: $100k single, $160k couple. Available in NSW through participating lenders.
👨👩👧
Family Home Guarantee
Single parents with dependants can buy with 2% deposit and no LMI. No income cap changes from October 2025. Applies across NSW.
💰
First Home Super Saver Scheme (FHSS)
Withdraw up to $50,000 in voluntary super contributions for your deposit. Significant tax advantage over saving in a bank account. Must contribute before applying to withdraw.
Which grants do you actually qualify for?
DeltaMap checks your eligibility for every New South Wales and federal grant automatically — based on your income, property price and buyer type.
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Common questions
First home buyers in New South Wales ask...
What is the stamp duty exemption threshold in NSW for 2026?
In NSW, first home buyers pay no stamp duty on properties valued up to $800,000 — for both new and established homes. A concessional rate applies between $800,001 and $1,000,000. Above $1,000,000, full stamp duty applies. This threshold is significantly higher than Victoria's $600,000 and reflects Sydney's higher property prices.
Can I get the NSW FHOG on an existing home?
No. The $10,000 NSW First Home Owner Grant applies only to brand-new homes, off-the-plan purchases and substantially renovated properties. However, the First Home Buyers Assistance Scheme (stamp duty exemption) applies to both new AND established homes under $800,000 — so you can still save up to $31,335 in stamp duty on an established property.
What is the Help to Buy scheme and can NSW buyers access it?
Help to Buy is a federal shared equity scheme that launched on 5 December 2025. The government contributes up to 40% of the purchase price for new homes and 30% for existing homes, meaning you need as little as 2% deposit. Income caps apply ($100,000 for singles, $160,000 for couples). NSW buyers can access this scheme through participating lenders.
Can I combine the NSW FHOG with the 5% Deposit Scheme?
Yes. From October 2025, the 5% Deposit Scheme has no income caps and unlimited places, making it accessible to almost all eligible NSW first home buyers. On a new home under $600,000, you could receive $10,000 FHOG plus no stamp duty plus no LMI — stacking three benefits simultaneously.
How does the First Home Super Saver Scheme work in NSW?
The FHSS lets you make voluntary contributions into your super fund (up to $15,000 per year, $50,000 total) and then withdraw those contributions — plus associated earnings — for your first home deposit. Because super contributions are taxed at 15% rather than your marginal rate, you save the difference. You must set this up before making contributions — you cannot backfill past savings.
Official source: Always verify current eligibility directly with
Revenue NSW. Grant conditions change regularly and this page may not reflect the most recent updates. DeltaMap is not a financial adviser.