top of page
  • Writer's pictureAria Actual

First Home Owner Grant for your first home.

First Home Owner Grant

The First Homeowner Grant is a state government initiative to help first home owners to get their new first home sooner.

The grant amount has varied since it was first introduced in 2000.

You can buy off the plan or choose to build yourself.

To be eligible for the grant:

  • You must be at least 18 years of age.

  • You must be an Australian citizen or permanent resident (or applying with someone who is).

  • You or your spouse must not have previously owned property in Australia that you lived in.

  • You must be buying or building a brand new home ( never occupied or previously owned).

  • The value of the home including the land eligible for the grant is capped and varied according to the state.

  • You must move into the new home as your principal place of residence within 1 year of the completed transaction and live there continuously for 6 months.

State Government First Homeowner Grant and your eligibility criteria.

QLD First Home Owner Grant

Victoria First Home Owner Grant

NSW First Home Owner Grant

South Australia First Home Owner Grant

Northern Territory First Home Owner Grant

Tasmania First Home Owner Grant

Speak to one of MFC team to assess whether you are eligible for the grant and how to utilise it in to secure your First Home.

15 views0 comments

Recent Posts

See All

Business Loan - Introduction

Small businesses are the engine room of our economy. And capital is what fuels them. However experience shows us that they often struggle to get the flexible funding they need. That can lead to missed

Property purchase & Deposit Bond

When you agreed to a property purchase, you are required to put a deposit between signing the contract of sale and settlement, to guarantee the commitment of a buyer to the contract of sale. Buying an


bottom of page