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.
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.
Keystart Home Loans
Securing a home loan with Keystart is a highly popular way for first home buyers to purchase their own home.
For help with eligibility criteria, lending limits, and more, speak to a Dreamstart Homes consultant – they can also assist you with finding a broker and arranging your application for government grants.
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.
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.