First Home Buyer

nounFirst Home Buy·erpronounced FURST HOHM BYE-ur

Last updated 21 April 2026

What does the noun First Home Buyer mean?

A buyer who has not previously owned residential property in Australia. The definition varies slightly between schemes — most require you to have never owned, while the First Home Guarantee accepts buyers who have not owned in the last 10 years.

Cite this entry

MLA citation: "First Home Buyer." How to Property, 21 Apr. 2026, https://howtoproperty.com.au/definitions/first-home-buyer. Accessed 7 June 2026.

Chicago citation: How to Property. "First Home Buyer." Last modified April 21, 2026. https://howtoproperty.com.au/definitions/first-home-buyer.

APA citation: How to Property. (2026, April 21). First Home Buyer. https://howtoproperty.com.au/definitions/first-home-buyer