First Home Owners Grant

The First Home Owner Grant is not means-tested but there may be a limit on the purchase price of your property. For example, in New South Wales, the property purchase price cap is $835,000.

It should also be noted that there is not just a grant as there are also other state-based incentives available to first home buyers designed to make your first purchase that bit more affordable – these include stamp duty concessions and building grants. Your mortgage broker will be able to provide you with information, as well as help you arrange your all-important government assistance.

Need More Information

The FHOG is administered on a state-by-state basis. For further information on terms and conditions in your state, visit the relevant government revenue office website (below) or speak to us at Sandcastle Finance.

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