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First Home Owner Grant

If you are buying your first home, you may be eligible for the first home owner grant (FHOG) of $7,000.

The First Home Owner Grant is a one-off payment of $7000 made by the individual State and Territory governments to first home owners that are eligible. This grant is not means tested and is paid regardless of your income or the value of your home. However joint applicants will be restricted to a single application for a single property and only one payment of $7000 will be made. You may still also need to demonstrate at least 5% savings.

To determine if you are eligible for this grant please consider the following:

	Will this be the first time you and/or your spouse/de facto has received a grant under the First Home Owners’ Grant 2000 in relation to purchasing a home?
	Will this be the first time either you or your spouse/de facto have ever owned a home either jointly, separately or with some other person anywhere in Australia?
	Are you or your spouse/de facto a “natural person” who is buying or building your first home in Australia? The First Home Owners Grant doesn’t apply to applications made in a Company or Trust name.
	Are you and/or your spouse/de facto a permanent resident of Australia?
	Are you and/or your spouse/de facto intending to occupy the established home as your principal place of residence within 12 months of either the date of settlement or completion of construction?
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