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  First Home Buyers
Purchasing your first home is a daunting and sometimes expensive process. Luckily there are some financial incentives offered to First Home Buyers by both the Commonwealth and State governments to make this big step easier.

 

First Home Owners Grant

The Commonwealth government introduced the $7,000 First Home Owners Grant in July 2000 to help offset the effects of the GST for first home buyers. Click on the link above for details such as the eligibility requirements. You can also download the application form from this page.

Stamp Duty Concessions

One of the largest expenses incurred when purchasing a property is stamp duty. The individual state governments are responsible for collecting stamp duty on land and on mortgages. Some state governments offer stamp duty concessions to first home buyers. To see more details click on the link above.