First Home Owner Grant

Saving a deposit and getting your foot on the first rung of the property ladder is never easy. That’s why it’s so important you take advantage of the best financial advice you can get, shop for the most competitive mortgage product possible, choose your first piece of real estate wisely and find out if you’re eligible for government assistance.

There is a range of First Home Buyer assistance initiatives in place at both a Federal and State level so it’s important you do your homework and take advantage of what’s available.

However, restrictions apply to some grants so you need to make yourself fully familiar with what you can and can’t access, depending on your individual circumstances.

When the GST was introduced, the Federal Government created the First Home Owner Grant (FHOG) to offset its effect. Under the scheme, a once-off grant is payable to first homeowners that satisfy all eligibility criteria.

Visit the FHOG Online website and select your state of residence for current information.

First Home Owner Grant