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What is the First Home Owner Grant?

The First Home Owner Grant Scheme is funded by the Federal Government and administered by the Office of State Revenue (OSR). The scheme assists eligible first home owners to purchase or build their first home by offering a monetary grant. The grant applies to residential dwellings only.

In order to be eligible for the grant, you must be buying or building your first home and meet the following criteria:

  • Each applicant must be a person and not a company or trust.

  • At least one applicant must be a permanent resident or Australian citizen.

  • Each applicant must be at least 18 years of age.

  • All applicants and/or their spouse/de facto must not have previously owned a residential property jointly, separately or with some other person in any State or Territory of Australia, and occupied that property for a continuous period of at least six months.

  • Each applicant has entered into a contract for the purchase of a home or signed a contract to build a home on or after 1 July 2000. In the case of an owner-builder, laying of the foundations commenced on or after 1 July 2000.

  • In most states, the total value of the property must not exceed a specified cap, depending on the rules of the particular State. Contact us to find out the cap that applies to you.

  • This is the first time an applicant and/or their spouse/de facto will receive a grant under the First Home Owner Grant Act 2000 in any State or Territory (unless subsequently repaid).

  • At least one applicant will occupy the home as their principal place of residence for a continuous period of six months, commencing within 12 months of settlement or construction of the home. Exemptions apply for permanent members of the Australian Defence Force.

Find out more by visiting the official Australian grant First Home Owner Grant page here.

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