Government Grants
First Home Owner Grant 101
The FHOG is a $10,000 bonus payment that was created to help first home buyers get into a home of their own.
First Home Owner Grant Eligibility Criteria:
Must be an Australian citizen or permanent resident, 18 years of age or over.
Must be planning to live in the home for at least six months.
Must have never owned a residential property in Australia or received this grant before in Australia.
Securing the First Home Owner Grant
Good news – most first home buyers are eligible for this grant!
You’ll never have to pay interest on it or repay this grant to the government.
It’s widely utilised across WA by those stepping into home ownership for the first time. The most you can spend on your new home whilst still being eligible for the First Home Owner Grant is $750,000 – that includes newly built homes that haven’t been lived in yet, as well as off-the-plan homes.
Our team of house and land specialists can help you apply for the First Home Owner Grant, as well as answer any questions you may have about eligibility and what you can use the grant for.
Simply get in touch with us to get started.
In addition to the First Home Owner Grant, you may be eligible for these other government grants:
- Aboriginal Home Ownership Scheme
- Good Start Scheme
- Right to Buy Scheme
- Access Home Loan Scheme
- Home Buyers Assistance Account
Stamp Duty
It may be possible to waive stamp duty on your new home if you’re buying your first home up to the value of $430,000 or land up to the value of $300,000.
It’s an ideal opportunity to avoid additional costs on your new home purchase. Chat to one of our consultants today for more details.
FREQUENTLY ASKED QUESTIONS
Got questions about building, finance, home ownership, or something else? We’ve complied some of the questions we often get from first home buyers. Check out the answers below; if there’s something else you want to know, simply contact us and our team will be glad to assist with your query.
PERSONAL SERVICE
At Dreamstart Homes, we strive to offer a personalised service for each and every client; we know everyone’s different, so it makes sense to tailor your home building experience to your own unique circumstances. Find out more about the types of personal service that we offer Perth’s first home buyers.
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