The First Home Owner grant in Tasmania is not means tested and there is no cap on the value of an eligible home.
However, the FHOG will no longer be available for purchasers of established properties as of 1 July 2014.
In addition to the FHOG, Tasmania offers a First Home Builder Boost (FHBB), which is a payment of $23,000 for eligible applicants who are:
- buyers of newly constructed homes (for example, ‘spec’ homes); or
- builders of new homes (either as an owner builder or through a registered builder).
For more information, go to the Tasmania State Revenue Office