NSW first home buyers
NSW First Home Owner Grant
The NSW First Home Owner Grant is a one-off payment of $10,000 from the NSW Government to eligible first home buyers who buy or build a new home, an off-the-plan home, or a substantially renovated home that has never been lived in or sold since renovation.
Your Mortgage Broker Beaumont Hills(https://business.google.com/) has prepared this page for buyers in Beaumont Hills and the surrounding Hills corridor, with every figure sourced directly to Revenue NSW. The page covers what the grant is worth, who qualifies, which properties it covers, how it interacts with duty relief, and how to apply.
What It Is Worth Right Now
The grant is worth a flat $10,000, paid once per transaction and once per applicant per lifetime, and it has not moved in years. The 2026-27 NSW Budget, handed down on 23 June 2026, made no changes to the grant amount or the value caps, so any article quoting a larger payment is quoting a figure that no longer exists. Some third-party sites still publish a $30,000 amount that cannot be verified against any current government source, and the confirmed figure today is $10,000. That gap matters less than where the money points you: the grant is only available on new or substantially renovated stock, which shapes the entire property search before you have inspected a single home. The grant also stacks with a separate duty relief scheme, which for many buyers is worth considerably more than the grant itself, and we walk through that interaction below.
Who Qualifies
Eligibility is set by Revenue NSW and tested at settlement or completion, so it is worth checking every criterion against your own position before you sign anything. The core tests are:
Natural persons only
Citizenship or residency
A genuinely first home
The new home test
The value cap
The occupancy commitment
Once only
Which Properties It Covers
The property type and the way you contract determine both eligibility and the value cap that applies. The two structures are set out below:
| Purchase structure | Eligible property | Value cap |
|---|---|---|
| Home and land under one contract | New home, off-the-plan, or substantially renovated and never lived in or sold since renovation | $600,000 |
| Vacant land plus a separate building contract | New build under a comprehensive construction contract | $750,000 combined |
| Established home, any price | Previously lived in or sold as is | Not eligible at any price |
Source: Revenue NSW, First Home Owner Grant.
Why The Rule Bites Here
Beaumont Hills is the wrong suburb to assume the grant will fall into your lap, and the right suburb to plan around it carefully.
Established stock everywhere
This suburb was carved out of Kellyville in 2002 and built out as a master-planned estate through the 2000s, so nearly all of its 2,574 dwellings are established project homes. Almost every property you inspect on The Parkway or Sanctuary Drive has been lived in, which fails the new-home test outright.
Building still happening
There is genuinely new stock being created nearby. The suburb recorded 744 dwelling approvals across the last five years and sits in the 92nd percentile for building activity in the state, so knockdown rebuilds, townhouse pockets near the village centre and new releases in adjoining suburbs are where grant-eligible properties actually sit.
The cap squeezes hardest
The Hills corridor is not a cheap market, and the $600,000 cap for a single contract is difficult to meet here, while the $750,000 combined cap for land plus a construction contract is the more realistic path. Going even one dollar over either cap kills the whole application, so pricing discipline matters more here than in most of Sydney.
Where the search should point
Practically, this means looking at house and land packages and off-the-plan townhouses on the edges of the corridor, in places like Schofields and Kellyville Ridge, rather than established Beaumont Hills streets. The trade-off is real: eligible stock is newer and further out, while the established family homes buyers actually want carry no grant at all.
How It Stacks With Duty Relief
The grant is only half the support available, and the other half covers more properties:
Two separate schemes
Full duty exemption to $800,000
A sliding concession to $1,000,000
Vacant land gets its own bands
Both schemes on one purchase
Grant-free duty relief
How it works
How To Apply And When Money Arrives
Applications are lodged either through an approved bank or lender acting as an agent for Revenue NSW, or directly with Revenue NSW where no approved agent is involved. The timing differs by purchase type.
- 1
Completed home
For a home already built and ready to occupy, the grant is generally paid at settlement, so it can be applied against your costs on the day you take the keys rather than arriving as a later refund.
- 2
Off-the-plan purchase
Off-the-plan buyers also receive the grant at settlement, but settlement can sit well beyond the contract date depending on the developer's completion timeline, so budget for a long gap between signing and payment.
- 3
Construction contract
Where you are building under a construction contract, the grant is typically paid once the first progress payment is made to the builder, which puts the money in early rather than at the end of the build.
- 4
Direct lodgement
If your lender is not an approved agent, you lodge directly with Revenue NSW yourself, which means assembling the identity, contract and citizenship documents and managing the application alongside everything else happening at settlement.
Worth knowing early
What Gets An Application Knocked Back
Revenue NSW publishes the rejection patterns, and almost all of them are avoidable with a careful read of the contract before you sign:
- Wrong property type Assuming any first home purchase qualifies, without checking the new-home test, is the most common error, and it is discovered after the contract is already binding.
- Breaching the occupancy window Not moving in within 12 months, or moving out before completing 12 months of continuous residence, gives Revenue NSW grounds to recover the grant later.
- Hidden prior ownership A previous property interest by you or your partner anywhere in Australia, even briefly or interstate, disqualifies the application under the prior ownership test.
- The wrong applicant structure Applying through a company or trust rather than as natural persons fails eligibility, so the ownership structure needs deciding before the contract is signed.
- Creeping over the cap A contract price marginally above the $600,000 or $750,000 cap disqualifies the whole application, it does not reduce the grant, so inclusions and upgrades need watching.
- Incomplete documents Missing identity, contract or citizenship evidence at lodgement stalls the application, and delays at settlement are expensive when the grant is part of your deposit maths.
Where we work
Areas We Service
This page serves buyers across the Hills corridor from Beaumont Hills and the neighbouring suburbs, including Kellyville Ridge, Kellyville, Stanhope Gardens, Schofields and Rouse Hill. Wherever you are buying in the corridor, the grant rules are identical, but the stock that qualifies differs street by street.
Questions answered
Frequently Asked Questions
How much is the NSW First Home Owner Grant worth?
$10,000, paid once per eligible transaction. The amount was confirmed unchanged in the 2026-27 NSW Budget, and any site quoting a larger figure is out of date.
Can I get the grant on an established home?
No. The grant covers new homes, off-the-plan purchases and substantially renovated homes never lived in or sold since renovation. Established homes miss out at any price.
What is the property price cap for the grant?
$600,000 for a home and land under one contract, or $750,000 combined for vacant land with a separate building contract. Going even slightly over disqualifies the whole application.
Do I have to live in the property to keep the grant?
Yes. Move in within 12 months of settlement or completion and live there as your main residence continuously for at least 12 months, or Revenue NSW can claw the grant back.
Is the grant different from stamp duty relief?
Yes, they are separate schemes. The grant only covers new homes, while the duty exemption or concession can apply to established homes up to higher thresholds.
How long does the grant take to arrive?
Generally at settlement for a completed home, or after the first progress payment on a construction contract, lodged through an approved lender or directly with Revenue NSW.
Mortgage broker for Beaumont Hills and the suburbs around it
Get In Touch
If you are weighing up a house and land package against an established purchase and want to understand what the grant and duty relief actually do for your deposit, call Your Mortgage Broker Beaumont Hills on (02) 9072 0640. Advice is provided by a broker operating under an Australian Credit Licence, our fee and commission structure is published openly, and you can read more about how we work before you commit to anything.