First Home Owner Grant Tasmania

In Tasmania, a First Home Owner Grant (FHOG) of up to $7,000 is available, as well as a First Home Builder Boost (FHBB) of $20,000.

If you are purchasing a new home in Tasmania, you may be eligible for the First Home Owner Grant (FHOG) or First Home Builder Boost (FHBB). The FHOG was no longer available to purchasers of established properties as of 1 July 2014.

  • From 1 July 2015 onwards the base FHOG payment for eligible applicants increases to $10,000. 

What is the FHBB

The First Home Builder Boost (FHBB) is an increased First Home Owner Grant payment. It is available to eligible buyers that purchase a newly built home.

The FHBB is a $20,000 grant available to eligible:

  • buyers of newly constructed homes (for example, 'spec' homes); and
  • builders of new homes (either as an owner-builder or through a registered builder).

Between 1 January 2015 and 31 December 2015 inclusive, the FHBB is $20,000.

For more information, go to the Tasmania State Revenue Office

First home owner grant questionnaire

See if you're eligible

How a Mortgage Choice broker can help

Your local Mortgage Choice broker can take you through all of the incentives available, help you determine what you’re eligible for, and assist you in preparing all of the relevant paperwork to ensure you claim everything you’re entitled to.

Applying for the
First Home Owner Grant

1

In most cases

the lenders are able to act as agents for the Revenue Office.

2

This allows the First Home Owner Grant funds

to be available at settlement or at the first progress payment if you are building your home.

3

If you apply directly to the Revenue Office,

funds will not be available until after settlement or completion of the home if you are building.

Talk to us today to find out more about first home buyer incentives.

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