You could save up to $10,000 with the First Home Owner Grant (FHOG) when buying your newly built home at Shoalhaven.

The $10,000 First Home Owner Grant is not means tested but you do have to meet certain eligibility requirements:

• The price of the property must not exceed $750,000
• You or your partner must not have previously purchased a home in Australia
• One of the applicants must be an Australian citizen or permanent Australian resident
• You must live in the home you build for a period of 12 months within 12 months of completion

You are not eligible if you or your spouse/partner have already:

• Received the FHOG in Australia
• Owned a home or other residential property in Australia prior to 1 July 2000
• Lived in a home in Australia which either you or your spouse/partner owned or part-owned on or after 1 July 2000 for a continuous period of at least six months