Save with the $10,000 First Home Owner Grant
The First Home Owner Grant is $10,000 for new homes built in Victoria
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