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First home buyer eligibility in Revesby (2212)

Revesby (2212) sits within the Canterbury-Bankstown local government area. First home buyer eligibility for stamp duty relief and the NSW First Home Owner Grant depends on the purchase price and the type of property, whether new or established. This page shows how those thresholds interact with the typical sale prices in Revesby 2212 to give you a sense of whether first home buyer concessions are realistically accessible in this suburb.

Can I afford Revesby?

First-home buyer eligibility

At $1,460,000, here’s which schemes you can use in Revesby. Drag to test other budgets.


Purchase price
$1.46M
$500k$2M
These thresholds are for FY2025-26. Caps refresh each July - verify before signing.

Stamp duty discount (FHBAS)

Not eligible
$62,709 duty

Properties at or above $1,000,000 do not qualify for FHB stamp duty relief in NSW.

Revenue NSWSee all NSW suburbs that fit this scheme →

$10,000 grant for new builds (FHOG)

Not eligible
Not eligible

FHOG covers new homes up to $750,000. This price is above the cap.

Revenue NSWSee all NSW suburbs that fit this scheme →

5% deposit, no LMI (First Home Guarantee)

Eligible
5% deposit

Under the $1,500,000 NSW price cap.

Housing AustraliaSee all NSW suburbs that fit this scheme →

2% deposit, shared equity (Help to Buy)

Partial
Up to 40% equity

Potentially eligible. Under the $1,500,000 NSW price cap. Subject to income caps ($100,000 single, $160,000 joint) and Australian citizenship.

TreasurySee all NSW suburbs that fit this scheme →
If no scheme applies
$62,709standard duty
Sources: Revenue NSW (FHBAS, FHOG, standard duty), Housing Australia (First Home Guarantee),Treasury (Help to Buy). FYApr 2026 thresholds. Caps refresh each July; verify before signing. Not financial advice.

First home buyer eligibility is not just about the purchase price. It also requires that you have never previously owned residential property anywhere in Australia or overseas, that you intend to live in the property, and that the property meets the relevant definition of residential property for the grant and concession purpose. The Revenue NSW website has an eligibility checker; consult a solicitor or conveyancer before relying on any eligibility assessment in Revesby 2212.

First home buyer eligibility in nearby suburbs

Bankstown 2200Canterbury 2193Campsie 2194Earlwood 2206Lakemba 2195Punchbowl 2196

More about Revesby

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