Updated 9 January 2019
First Home Owner Grant
The First Home Owner Grant is funded entirely by the ACT State Government and is designed to help you purchase your first home. To be eligible for the $7,000 one-off grant, you will need to purchase a home that is either new or substantially renovated and the value must fall below the FHOG cap of $750,000. Payment of the First Home Owner Grant will end for transactions entered into after 30 June 2019.
A new or substantially renovated home:
- Has never been occupied or sold as a place of residence; or
- A home that, as renovated, has not been previously occupied or sold as a place of residence; or
- A property that has been purchased as an "off the plan" purchase agreement.
There is also a requirement of residency for 12 months or at least 6 months for each applicant that must commence within 12 months of completion of the transaction of sale. For more information about the ACT First Home Owner Grant, go to the FHOG section of the ACT Revenue Office website.