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How does the First Home Owners Grant assist me?

Each state in Australia has its own scheme for First Home Buyers but, generally you receive a Grant and Stamp Duty Exemption up to a certain purchase price.
Your Mortgage Broker will assist you with completing and getting the grant approved and the bank will advance the grant funds at settlement for you.
Our Mortgage Brokers are here to assist you with any questions on the above. Please call us on 1300 559 949 or email enquiry@diversifi.com.au.

What can I get under the First Home Buyers scheme in my state?

Click on what of the following links to see what is available to you when purchasing your first home.

Western Australia [Hyperlink]
New South Wales [hyperlink]
Victoria [Hyperlink]
Queensland [hyperlink]
Australian Capital Territory [hyperlink]
Northern Territory [hyperlink]
Tasmania [hyperlink]

Can I use my First Home Owners Grant as my deposit?

Unfortunately there isn’t much option to use your First Home Owners Grant as your deposit as the banks are looking for a demonstration of your ability to repay a home loan, which is by a continuous savings pattern, rent through a licenced Real Estate Agent or lastly additional repayments to a Car or Personal Loan.

Refer to 2% deposit [ for a way you can use your First Home Owners Grant as deposit.

Our Mortgage Brokers are here to assist you with any questions on the above. Please call us on 1300 559 949 or email enquiry@diversifi.com.au