Raynor Lending Solutions

NSW Grants, Schemes and Stamp Duty Concessions

NSW offers grants for eligible new homes and stamp duty relief on eligible purchases up to $1M. Federal schemes have separate requirements.

5% deposit, no LMI if eligible $10k FHOG (new homes) Full stamp duty exemption to $800k

Last updated 25 September 2026 · Grant and scheme rules change. Always check the current status with the state authority, or ask me.

First home buyer? Grants and concessions solve Gate 1, the money side of buying. See where they fit in the full picture, the five-part walkthrough.

What's available to you in NSW

$10,000 Grant

Up to $600k for a new home or $750k for a contract to build

Zero Stamp Duty

Complete exemption up to $800k

Discounted Duty

Reduced rates from $800k-$1M

Stamp duty relief: Eligible purchases up to $800k receive a full exemption. Reduced duty applies above that threshold, up to $1M.

Federal scheme options in NSW

Nationwide
Scheme Deposit Who it suits Key benefit
5% Deposit Scheme (General stream) 5% First home buyers (or not owned in 10 years) Avoid LMI via government guarantee
5% Deposit Scheme (Single Parent stream) 2% Single parents/guardians with a dependent No LMI; not restricted to first home
Help to Buy (shared equity). Try the calculator 2%+ Low‑to‑middle income buyers Government equity lowers loan size and repayments
First Home Super Saver (FHSS) N/A Savers building a deposit Tax‑advantaged savings via super

Always check current income/price caps and openings with Housing Australia or your broker. Reviewed July 2026.

NSW 5% Deposit Scheme Property Price Caps

Capital city & regional centres: $1,500,000
Other areas: $800,000

Regional centres at the $1.5M cap: Central Coast, Coffs Harbour-Grafton, Illawarra, Mid North Coast, Richmond-Tweed, Newcastle and Lake Macquarie. Reviewed July 2026.

See what this could mean in dollars: my free cost to complete calculator estimates NSW stamp duty, first home buyer concessions and the total cash you may need to complete a purchase at your price point.

New South Wales programs

First Home Owner Grant (new homes)

  • Grant: $10,000 for eligible new homes.
  • New home cap: Property up to $600,000.
  • Contract to build cap: Up to $750,000.
  • Residency: Must occupy as principal place of residence.

First Home Buyers Assistance Scheme

  • Full exemption: Transfer duty waived up to $800,000.
  • Concession: Reduced duty from $800,001 to $1,000,000.
  • Land exemption: Full waiver up to $350,000 (concession to $450,000).
  • Coverage: Applies to both new and existing homes.

NSW stamp duty savings examples

$600,000 property
First home buyer pays:
$0
Regular buyer: ~$24,370
$800,000 property
First home buyer pays:
$0
Regular buyer: ~$31,370
$900,000 property
First home buyer pays:
~$2,185
Regular buyer: ~$35,370 (saves ~$33k)

Important things to know

You need to live there

Both grants require the property to be your main residence. No investment properties or holiday homes.

True first-timer only

Neither you nor your partner can have owned property anywhere in Australia - ever.

Contract date matters

Eligibility is usually based on when you sign the contract, not when you settle. Get advice before signing.

New vs existing homes

The $10k grant is only for new homes. Stamp duty relief applies to both new and existing properties.

Land buyers included

Vacant land gets stamp duty relief too, but with different price caps ($450k vs $1M for homes).

Check your NSW eligibility

I'll help check which schemes may apply and estimate your buying costs.

Book a free strategy session

Still working it out? See how the process works, step by step, or start with the First Home Buyer Guide.

Stamp duty at each price

Duty for investors, home buyers and first home buyers at 27 prices, with the rate tables and worked examples: New South Wales stamp duty figures.

Official sources

Main figures on this page were checked against these sources on 25 September 2026.