Available Government Support & Grants
Detailed Scheme Breakdowns
WA First Home Owner Grant (FHOG)
The FHOG in Western Australia specifically targets new builds. To qualify, the home must be a new residential property (house, townhouse, or apartment) that has not been previously lived in or sold. The grant is not means-tested, but there are property value caps depending on your location in WA (Perth Metro vs. Regional). It can often be factored into your deposit calculations, making that first step onto the ladder significantly easier.
Stamp Duty Concessions (Transfer Duty)
Western Australia offers a generous 'First Home Owner Rate' (FHOR) for stamp duty. For established homes or new builds below a certain threshold, you might pay zero stamp duty. As the home value increases, a concessional rate applies until the full rate kicks in. This concession can save you upwards of $15,000–$20,000, which is money better spent on your mortgage principal or home furnishings.
Federal Help to Buy Scheme
The federal Help to Buy scheme is a game-changer for lower and middle-income earners in WA. By acting as a co-investor, the government allows you to buy a home with a tiny deposit while avoiding the costly Lenders Mortgage Insurance (LMI). In WA, where property prices are diverse, this scheme can bridge the gap between renting and owning, especially for single parents or key workers who find it hard to save a standard 20% deposit.