First home buyer schemes for new builds

FHG variants, state grants for new construction, regional add-ons. New builds attract more government money than any other purchase type, if you qualify.

10 min readBy Sarah ChenStage 5 of 6

New-build buyers can stack federal + state + regional incentives in 2026, often $30k–$60k of headline value.

What stacks

First Home Guarantee (no LMI; regional buyers use the same scheme since the former Regional First Home Buyer Guarantee was merged into it in October 2025). State First Home Owner Grant (new only). Some states layer additional new-build bonuses on top.

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WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates are calculated on a secured loan of $150,000 over 25 years for home loans and a loan of $30,000 over 5 years for car and personal loans, unless the lender states another basis. Business loans and equipment finance for a business purpose have no mandatory comparison rate.