Government Grants and Concessions Beyond the Home Guarantee Scheme
- marketing60313
- Sep 5
- 1 min read
In addition to federal schemes, each state and territory offers its own incentives:
First Home Owner Grant (FHOG): A one‑off payment for eligible first‑home buyers purchasing new homes. The grant amount and rules vary by state; for example, Western Australia offers $10,000 for building or buying a new home.
Stamp duty concessions: Many states provide discounted or zero stamp duty for first‑home buyers up to certain price caps. For instance, in WA first‑home buyers pay no stamp duty on homes up to $430,000 (as of 2025).
Shared equity schemes: Some governments offer shared equity programs where the state shares ownership in exchange for a reduced purchase price. Eligibility is often limited.
Your broker or settlement agent can advise on local incentives and help you apply. Combining grants and federal schemes can significantly reduce your upfront costs.