Are you eligible for the First Home Owner Grant (FHOG)?

Your eligibility for the FHOG will depend on the state or territory you are buying your property, the amount you are going to spend to buy a new home and if you have ever owned a property in Australia.

Each state and territory has its own conditions but there are some common guidelines to be eligible for the First Home Owner Grant;

• Be aged 18 years or over.
• Be a permanent resident or Australian citizen.
• Plan to live in the property as your home for at least six months.
• Have never previously owned your own home in Australia.

You may not be eligible for the First Home Owner Grant even if you are buying a joint property with a person who has previously claimed the FHOG.

What is considered as a ‘new’ home for the purpose of FHOG?

In some states and territories, the first home owner grant, FHOG is applicable when you buy or build a ‘new’ home, which means, a newly built property that hasn’t previously been lived in or sold as a home.

A home may also be regarded as new if it has been substantially renovated. It means that all or major portion of the building should have been renovated, fixed or replaced. However each state or territory has their own guidelines which need to be checked.

Is FHOG available if you are buying an investment property?

NO! The first home owner grant, FHOG is available only when you buy an owner occupied property. You are required to live in the property as an owner occupier for at least six months. The grant is aimed to help people who want their own property to live in and not for people who are buying a property for investment purpose.

Australian Capital Territory

The First Home Owner Grant in ACT gives eligible people buying their first new or substantially renovated home — valued up to $750,000 — up to $7,000.

There are also concessions available on stamp duty, which are tied to income thresholds and number of dependants.

Find the latest first home owner information on the Revenue ACT website.

New South Wales

The First Home Owner Grant (New Home) is worth $20,000 for first home buyers who: 

• buy or build their first new home, which no-one has lived in before
• purchase a new home worth up to $750,000.

Under the NSW Government’s Affordability Package, first home buyers pay zero stamp duty for new or established first homes priced up to $650,000. There are other discounts on stamp duty for homes priced between $650,000 and $800,000.

Find the latest first home owner information on the Revenue NSW website.

Northern Territory

The First Home Owner Grant in the NT is a $10,000 cash payment for eligible first home buyers of a new home. 

Stamp duty concessions of up to $18,601 may be available to eligible first home buyers of an established home.  

Find the latest first home owner information on the Northern Territory Government website.

Queensland

The First Home Owner Grant in Queensland is worth $15,000 when you buy or build a new home costing less than $750,000. 

Stamp duty discounts are available on both new and established homes. The maximum concession of $8,750 applies to homes valued up to $504,999, falling to $875 for a home costing $549,999. First home buyers planning to buy land now and build later pay no duty on vacant land costing $400,000 or less. 

Find the latest first home owner information on the Queensland Government website.

South Australia

The First Home Owner Grant in South Australia is valued at up to $15,000 for new homes for properties valued up to $575,000.   

Find the latest first home owner information on the Revenue SA website.

Tasmania

Tasmanian first home buyers can access a $20,000 First Home Owner Grant to 30 June 2020. This number will reduce to $10,000 after 1 July 2020. To be eligible, first home buyers must buy or build a new home. 

Find the latest first home owner information on Tasmania’s State Revenue Office website.

Victoria

The First Home Owner Grant in Victoria is worth $10,000 when you buy or build a new home, rising to $20,000 for new homes valued up to $750,000. 

Stamp duty is waived for first home buyers on homes worth up to $600,000. Discounts on duty are available on a sliding scale on first homes costing between $600,001 and $750,000.   

Find the latest first home owner information on Victoria’s State Revenue Office website.

Western Australia

The First Home Owner Grant in WA is worth $10,000 for the purchase or construction of a new home.

In addition, WA first home buyers are exempt from stamp duty when they buy a new or established home worth up to $430,000 or vacant land costing up to $300,000. A discount on duty applies to vacant land or a home costing up to $400,000 and $530,000 respectively.  

Find the latest first home owner information on the Western Australian Government website.