First Home Owner Grant Tasmania

In Tasmania, a First Home Owner Grant (FHOG) of up to $20,000 is available from 1 January 2016 for new homes, homes off-the-plan, and owner/builder homes.

If you are purchasing a new home in Tasmania, you may be eligible for the First Home Owner Grant (FHOG) of up to $20,000. You must reside in the home as your principal place of residence for a continuous period of 6 months, within 12 months of completion of your purchase. For transactions entered into after 1 July 2017, the FHOG payment will be reverted back to $10,000.

What is the FHBB

The First Home Builder Boost (FHBB) is an increased First Home Owner Grant payment available to eligible builders and buyers of new homes. Contracts entered into from 1 January 2016 will be eligible for a $10,000 grant.

 

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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