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First Home Owners & Buyers Grant ACT

In the Australian Capital Territory, a First Home Owner Grant (FHOG) of $7,000 is available for properties valued at up to $750,000.



ACT First Home Buyer Guide

This quick video takes you through the changes made to first home buyer grants and concessions in ACT in January 2018.

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:

  1. Has never been occupied or sold as a place of residence; or
  2. A home that, as renovated, has not been previously occupied or sold as a place of residence; or
  3. A property that has been purchased as an "off the plan" purchase agreement.

ThereĀ 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.

Are you eligible for a First Home Owner Grant?

Applying for the First Home Owner Grant

1

Talk to your broker
In most cases, your chosen lender will act as an agent for the Revenue Office. Your lender, together with your broker, will make sure you receive the grant if you are entitled to it.

2

Allow time for processing
Your Mortgage Choice broker will ensure that the First Home Owner Grant funds are available at settlement or at the first progress payment if you are building your home.

3

If you go direct...
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.

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