First Home Buyer Assistance Scheme
If you’re a first home buyer, you may be eligible for a concession or even an exemption on the duty fees normally payable when acquiring land to build. This applies to new homes up to the value of $800K and vacant land up to the value of $500K.
The First Home Loan Deposit Scheme
The First Home Loan Deposit Scheme allows eligible first home buyers to purchase a home or build a new home with a deposit of as little as 5 per cent (lenders criteria apply).
First Home Owner Grant
If you’re in the market for your first home, you may be eligible for the NSW Governments First Home Owner Grant. This is a one-off $10,000 grant available for first home owners buying or building their first home who meet the eligibility criteria.