The first home owners grant

If you purchase a newly built property, or substantially renovated property. You may qualify for the grant if you purchase under $600,000.

If you purchase land, and enter into a building contract to build your home. You will qualify for the grant if the combined cost is less than $750,000

If the below conditions are met you may qualify for the grant even if the property has only been renovated.

1. most of the home was removed or replaced

2. the seller, builder or a tenant has not lived in the home prior to, during or after renovations

3. it is the first time the home has been sold since completion of renovations.

Must be at least 18 years of age

At least one applicant must be an Australian citizen OR permanent resident

You OR your partner / co - applicant must have not owned any Australian property, or held an interest in any Australian property after 01 July 2000