First Home Owners Grant for First Home Buyers

To offset the impact of the introduction of the goods and services tax (GST), the Commonwealth has requested that the States and Territories assist first home buyers through the establishment of the First Home Owner Grant (FHOG).

First Home Owner Grants and Subsidies

Direct On Line Access to Grants in your State of Australia

Australian Capital Territory FHOG

New South Wales FHOG

Northern Territory FHOG

Western Australia FHOG

To view loan descriptions, product specifications or loan interest rates, simply click on one of the products below.

First Home Owner Grant - General Information

The broad principles of the grant are:

Eligible applicants from 1 July 2000 are entitled to a one-off $7,000 payment.
Eligible applicants must be natural persons who are Australian citizens or permanent residents, who are buying or building their first home in Australia. Requirements vary between jurisdictions regarding the number of applicants who must be an Australian citizen or permanent resident and how old an applicant must be. Please select the State or Territory under More Information below to determine eligibility.
To qualify for assistance, neither the applicant nor their spouse (or de facto) must have owned a home prior to 1 July 2000, either jointly, separately or with some other person.
Neither the applicant nor their spouse (or de facto) must have owned and occupied a home after 1 July 2000.
Neither the applicant nor their spouse (or de facto) must have claimed this grant previously.
Entering into a binding contract or commencement of building, in the case of owner-builders, must have occurred on or after 1 July 2000.
An eligible home will be located in Australia and will be a new or established house, home unit, flat or other type of self contained fixed dwelling that lawfully can be used as a place of residence.
An eligible home must be occupied by the applicant(s) as their principal place of residence within 12 months of settlement or completion of construction of the home. There are minimum periods of occupancy required by jurisdictions. Please select the State or Territory under More Information below to see if a minimum period applies.
Application for the grant must be made within 12 months of completion of construction or settlement of the home.
Assistance will not be means tested.
There is no tax payable on the grant.
Joint applicants will be restricted to a single application for a single property and only one payment of $7,000 will be made.

If the consideration of the home is less than $7,000 then the grant amount paid to the applicant will equal the consideration.

Additional Grant - General Information

On 9 March 2001, the Commonwealth Government announced an additional $7,000 grant where a first homeowner builds their first home or purchases a new, but previously unoccupied home. On 9 October 2001 the Prime Minister announced variations to the terms and conditions of this additional grant, which ceased on 31 December 2001. As from 1 January 2002 until 30 June 2002 inclusive, the additional grant will be reduced to $3,000.

The conditions for commencement and completion of construction, in relation to comprehensive building contracts, new home purchases, owner builders, and off-the-plan purchases are tabled below:

Additional Grant Amount	$7,000	$7,000	$3,000
Date contract signed/building commencement	9/3/2001 to 8/10/2001	9/10/2001 to 31/12/2001	1/1/2002 to 30/6/2002
Period after contract signed in which construction must commence	16 weeks	26 weeks	26 weeks
Period after commencement that construction must be completed by	12 months	18 months	18 months
Date by which construction must be completed (Owner builder, Off-the-plan only)	30/4/2003	31/12/2003	30/6/2004

Each State and Territory Revenue Office is responsible for administering both the First Home Owner Grant and the Additional Grant in their respective jurisdictions.

Instant Home Loan Pre-Approvals