The First Home Owners Grant (FHOG) is a government initiative to help first homebuyers into the property market. It’s a genuine, one off grant that never has to be repaid. Each state manages their own First Homeowners Grant; however there are a number of criteria that you must meet Australia-wide to be eligible.
You may qualify for the First Home Owners Grant if you:
- Are 18 years or over.
- Are an Australian citizen or permanent resident.
- Are intending to live in the home for a continuous period of at least six months within 12 months of settlement.
- Have never owned a residential property in any state or territory in Australia.
- Have never received a First Home Buyers Grant from any State or Territory of Australia.
As a first homeowner, you may also be eligible for other concessions such as stamp duty. Your Resolve Finance broker will help you establish whether you’re entitled to the First Home Owners Grant and other concessions, and can even help you in the application process.
To find out if you are eligible for the First Home Owners Grant, simply complete the form below.
For further information on the First Homeowners Grant in your state, including the amount you may be entitled to please see below for more details.