First Home Buyers
Concessions and Benefits Available To First Home Buyers Not Owning Property Anywhere in Australia To Acquire Their First Home In New South Wales is As Follows
$10,000.00 NEW HOMES FIRST HOME GRANT
- If you?re a first home buyer and you?re buying or building a new home, you may qualify for a $10,000 grant under the First Home Owner Grant (New Homes) scheme if you purchase date was on or after 1 January 2016.
- You can make a claim for the?First Home Owner Grant if you:
- Newly constructed home or a substantially renovated home has a total value less than $600,000
- Land for building and any dwelling you intend to build has a combined value less than $750,000.
Eligibility requirements
- To receive the grant when you buy your home:
- You must be an individual, not a company or trust
- You must be over 18
- You, or at least one person you?re buying with, must be an Australian citizen or permanent resident
- Your purchase date must be on or after 1 January 2016.
- Generally, you won?t be eligible for the First Home Owner Grant if?you or your spouse:
- Have previously owned or co-owned a home in Australia or
- Have received an Australian first home owner grant.
- For further details ?
Stamp Duty Concessions/Exemptions New Or Second Hand Residential
From 1st August 2020 to 31st July 2021, there is the following first home buyer new home benefits Corona Crisis Concessions
For further details ?
- If buying as a first home buyer in Victoria, or another state, please contact our office, to provide you the first home buyer details in your nominated state of purchase.
