There are a number of Government-funded grants and schemes that can help you buy your first home. We'll make sure you access every dollar you're entitled to.
The Australian Government offers several schemes designed to reduce the upfront costs of buying your first home — available nationwide regardless of which state you're in.
Buy your first home with as little as a 5% deposit without paying Lenders Mortgage Insurance (LMI). The Government guarantees the remaining 15% with participating lenders — saving thousands upfront.
Buying in a regional area? This scheme offers the same 5% deposit benefit as the First Home Guarantee but is specifically designed for buyers purchasing or building in eligible regional locations.
Single parents and legal guardians can buy or build a home with a deposit as low as 2%, with no LMI required. Applies to both new and existing properties.
Save for your first home inside your superannuation fund and benefit from the concessional tax treatment. You can withdraw up to $50,000 in eligible contributions (plus associated earnings) to put toward your first home deposit.
On top of national programs, each state and territory offers its own grants, stamp duty concessions and shared equity schemes. Select your state to explore what's available to you.
Get a clearer picture of your financial position before you speak to a broker.
Find out how much you may be able to borrow based on your income and expenses.
Try itEstimate your monthly repayments based on your loan amount, interest rate, and term.
Try itCalculate stamp duty costs for your state — and check if you qualify for a first home buyer concession.
Try itSee how an offset account can save you interest and help you pay off your home sooner.
Try itNavigating the grants and schemes landscape can be confusing — here are some key things to keep in mind as you start your journey.
Meeting the eligibility requirements for a scheme does not guarantee loan approval. Final approval decisions rest with the lender based on your individual financial situation and their own serviceability assessments.
National and state-based schemes often have a set number of places available each financial year. It pays to apply early — speak to us as soon as you start thinking about buying.
Most schemes have maximum property price thresholds which vary by state and metro versus regional location. We'll help you understand what applies to your specific purchase.
In many cases you can combine a national scheme with your state's own grant or stamp duty concession. Our brokers will identify every benefit you're eligible for.
We've helped hundreds of first home buyers navigate grants and schemes. Let's work out exactly what you're entitled to.
Call us directly
1300 978 051Free consultation
No cost, no obligation
Visit us in Fitzroy
6.09/425 Smith St, Fitzroy VIC 3065
Book a no-obligation chat with our team. We'll find every grant and scheme available to you and walk you through the entire process.
