This questionnaire will cover all the relevant eligibility criteria for your state and a broker will be able to use this to advise on your eligibility and assist you with applying for the FHOG.
There are different rules depending on the State that you are in, but the basic First Home Owner Grant conditions are:
- You must be a permanent resident or an Australian citizen. If you’re co-buying with someone else, at least one of you must be a permanent resident or Australian citizen
- You must not previously have owned or co-owned a home in Australia or have received an Australian First Home Owner Grant in the past.
- You must be buying a home to live in – not as an investment property
- You need to live in the home for at least six months after purchase,
- You must be a natural person (not a company or a trust), and
- You need to be aged over 18.
Other conditions may apply depending on your state/territory. In many states, the First Home Owner Grant is only available if you buy or build a new home. In some states, you may not be eligible for the FHOG if you pay over a certain value for your first home.
As each state has its own set of rules for the First Home Owner Grant, it is important to understand the guidelines that apply for your area.