First-home-buyer schemes and support

Several government initiatives may help eligible first-home buyers overcome some of the common barriers to purchasing a home.

Each option has different eligibility requirements, property-price limits and participating lenders. Some forms of assistance can be combined, while others cannot.

  • We conduct rigorous evaluations that illuminate inefficiencies and establish a definitive baseline for improvement.

    The Australian Government 5% Deposit Scheme may allow eligible first-home buyers to purchase a home with a minimum 5% deposit without paying Lenders Mortgage Insurance.

    Eligible single parents or legal guardians may be able to purchase with a minimum 2% deposit.

    Link: Australian Government 5% Deposit Scheme

  • Help to Buy is a shared-equity scheme designed to bridge the gap between an eligible buyer’s deposit, borrowing capacity and purchase price.

    Eligible buyers contribute a minimum 2% deposit and obtain a home loan through a participating lender. The Australian Government may contribute:

    • Up to 30% of the purchase price of an existing home

    • Up to 40% of the purchase price of a newly built home

    Link: Australian Government Help to Buy Scheme

  • The First Home Super Saver Scheme may help eligible buyers save for a deposit through voluntary contributions to superannuation.

    Eligible voluntary contributions of up to $15,000 per financial year may count towards the scheme, up to a total of $50,000 per person, plus associated earnings.

    Link: ATO First Home Super Saver Scheme

  • The WA First Home Owner Grant provides a one-off payment of up to $10,000 to eligible buyers purchasing or building their first new home.

    At a glance

    The grant may be available when:

    • Purchasing a newly built home

    • Entering into an eligible building contract

    • Building as an owner-builder

    • Purchasing an eligible substantially renovated home

    The grant is not available for an ordinary established home.

    Link: RevenueWA First Home Owner Grant

  • Eligible first-home buyers may qualify for reduced or no transfer duty when purchasing a new or established home, or eligible vacant land.

    Home and land

    For eligible transactions entered into on or after 7 May 2026:

    • No transfer duty may be payable on a dutiable value of $600,000 or less

    • A concessional rate may apply between $600,001 and $800,000

    • The concession does not apply above $800,000

    Vacant land

    For eligible transactions entered into on or after 7 May 2026:

    • No transfer duty may be payable on a dutiable value of $450,000 or less

    • A concessional rate may apply between $450,001 and $550,000

    Link: RevenueWA First Home Owner Rate of Duty