The First Home Owners Grant was introduced to offset the impact of the introduction of the goods and services tax (GST). The Commonwealth requested that the States and Territories assist first home buyers through the establishment of the First Home Owner Grant (FHOG).
The First Home Owners Grant was introduced from 1 July 2000. Each State and Territory Revenue Office is responsible for administrating the grant in their respective jurisdictions.
Below is a summary of the First Home Owners Grant offerings in each state and territory in Australia:
The other general eligibility requirements for the First Home Owners Grant are as follows:
- you are over 18
- you or your spouse (including de facto spouse) have never held a relevant interest in any residential property in Australia prior to 1 July 2000However, you may be eligible if you or your spouse, including de facto spouse, have only had a relevant interest in any residential property in Australia on or after 1 July 2000 and you have not resided in that property for a continuous period of at least 6 months.
- you have not received a first home owners grant in any State or Territory, unless subsequently repaid
- you need to live in the home for a continuous period of at least 6 months
- at least one applicant is a permanent resident or Australian citizen
- each applicant must be a natural person and not a company or trust.
Please check with your local state revenue office for the full eligibility criteria. See http://www.firsthome.gov.au/ for a list of the state revenue offices and links to their websites.
ADDITIONAL STATE FIRST HOME BUYER BONUSES
Some states offer additional grants and bonuses to first home buyers.
Please visit our stamp duty concession page for more information on other first home buyer benefits.