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The
First Home Owners Grant applies from 1 July 2000. Each State and Territory
Revenue Office is responsible for administrating the grant in their
respective jurisdictions.
The broad principles of the grant are:
- Eligible
applicants will be 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.
- Applicants
must be at least 18 years of age.
- To
qualify for assistance, neither the applicant nor their spouse
(or de facto) must have previously owned a home, either jointly,
separately or with some other person.
- 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 meets local planning standards.
- An
eligible home must be intended to be a principal place of residence.
Applicants must occupy the home within 12 months of completion
of construction or settlement and must live in the home for a
continuous period of at least 6 months.
- Assistance
will not be means tested.
- Joint
applicants will be restricted to a single application for a single
property and only one payment of $7,000 will be made.
The
grant assistance will not be means tested and 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 $7000 then the grant amount paid to the applicant
will equal the consideration.
Download the first home owners grant application
form's from the following locations:
To
download the First Home Owner Grant applications you will require
Acrobat reader. This can be downloaded from
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