If you're thinking about buying your first home, there are a few essential things you need to know. Here's a quick overview of the First Home Owner Grant (FHOG), eligibility criteria, and how to apply.
We can assist in applying for the First Home Owner Grant (FHOG)
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You could receive $10,000 through the First Home Owner Grant (FHOG) if you are purchasing or building a new home valued up to $750,000. To qualify, the home must not have been previously sold or occupied.
If you signed a contract for a new home on or after 1 July 2013, you may be eligible for the FHOG ($10,000). Your new home should be valued at $750,000 or less and must be entirely new. The property should not have been used as a residence, leased out, or used for short-term accommodation like Airbnb.
You won’t be eligible for the FHOG if you, your spouse, or partner have already:
These conditions apply even if your spouse or partner is not an FHOG applicant with you.
You might still qualify for the FHOG if you or your spouse/partner purchased property after 1 July 2000 but have not lived in it as your primary residence. For instance, if Tom bought a property in July 2004 and always rented it out, he could be eligible for the FHOG since he never lived there.
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