First Home Benefits in NSW
If you are buying or building your first home, you may be eligible for benefits under the First Home Owner Grant Scheme and/or the First Home Plus Scheme.
The First Home Owner Grant Scheme is a joint Australian and NSW Government initiative offering eligible NSW first home buyers a $7000 grant. The grant applies to residential dwellings only and does not apply to vacant land.
The First Home Plus Scheme provides exemptions or concessions on transfer duty and mortgage duty for eligible first home buyers. This includes vacant land on which you intend to build your first home.
Both schemes are administered by OSR to help first home buyers in NSW to purchase or build their first home and we will be able to provide you with expert advice to ensure that you receive all entitled benefits.
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