First Home Owners Grant Eligibility Criteria State by State

First Home Owners Grant Eligibility

Did you know, you can save thousands of dollars on your first home purchase? Well, the Australian government facilitate first-home buyers with various discounts and concessions. The first home buyer grant is financial support for first-home buyers to help them reduce their upfront costs. First home owners grant eligibility criteria may differ from one state to another. FHOG is a national scheme offered by almost every state and territory. If you are eligible for FHOG, you can save thousands of dollars. To know eligibility criteria according to every state, continue reading this blog: 

 

Overview of First Home Owners Grant 

The FHOG is an Australian state and territory-based financial assistance that helps first-home buyers to buy their first home sooner. The grant is paid by territories and states, so based on where you live, your amount and eligibility criteria will vary.  

 

A State-Wise Eligibility for First Home Owners Grant 

Although the FHOG is considered a national scheme, but it is individually supported and funded by each state and territory. Therefore, every territory and state comes with its own rules, amounts, and guidelines for the grant. Take a look at the following rules that first home buyers to follow to qualify for the first home buyers grant: 

 

  • Who is Eligible for First Home Owners Grant in New South Wales? 

A $10,000 grant is available for first-time home buyers in New South Wales. You can apply for this scheme if you meet the following conditions: 

  • You shouldn’t be a company or trust, must be an individual. 
  • You must be 18 years old or above. 
  • You or the person you are buying a home with must be a permanent citizen or an Australian citizen. 
  • You’ll need to live in your first home for at least 6 months within one year of purchasing or completion of construction.  
  • Am I Eligible for First Home Owners Grant in Queensland? 

The following are a few rules you need to follow to qualify for FHOG in Queensland: 

  • You must be an individual entity, not a company or trust. 
  • You must have Australian citizenship or must be a permanent resident (or a person you are applying with). 
  • You must not have bought a home previously in Australia where you lived in.  
  • You or your partner must not have received FHOG in Australia. 
  • Eligibility for First Home Owners Grant in Victoria  

You need to meet the following conditions: 

  • Make sure you or your partner haven’t received FHOG in Australia. 
  • You must not have bought a home in Australia, either separately or jointly before 1 July 2000. However, you may be eligible for the grant if you or your partner bought a residential property on or after 1 July 2000 but didn’t live there. 
  • You must live in the home for at least 12 months within one year of settling the property or from when the home is constructed completely. 
  • Your age must be 18 years old or above and be a permanent resident or Australian citizen. 
  • First Home Owners Grant Western Australia Eligibility 

The following are a few rules to qualify for FHOG in WA: 

  • You need to be an individual person and be 18 years old or above. 
  • At least one candidate must be a permanent resident or have Australian citizenship. 
  • You and/or your partner must be applying for the first home owners grant for the first time.  
  • Within 12 months of settlement of purchasing a home or within 12 months of completion of home construction, you need to live there for at least 6 months. 
  • First Home Owners Grant Eligibility in South Australia 

You need to meet the following eligibility criteria to qualify for FHOG: 

  • You must be aged 18 and over. 
  • At least one candidate must have Australian citizenship or must be a permanent resident. 
  • You shouldn’t be a company or trust, you must be an individual entity. 
  • Make sure you haven’t bought a home or residential property in Australia prior to 1 July 2000. 
  • Eligibility for First Home Buyers in the Northern Territory  

You need to meet the following conditions to access FHOG in NT: 

  • Make sure you are applying for FHOG (anywhere in Australia) for the first time.  
  • Your age should be at least 18 years or above. 
  • Need to live in your first home for at least 6 months within one year of purchase. 
  • Must not have bought a home in Australia prior to 1 July 2000. 
  • Must not have bought a home on or after 1 July 2000, which you’ve lived in. 
  • First Home Owners Grant Tasmania Eligibility 

The following are a few conditions you need to meet: 

  • At least one person purchasing a home must hold Australian citizenship or be a permanent resident. 
  • You shouldn’t have owned a home anywhere in Australia before 1 July 2000 or lived in a home you bought after 1 July 2000. 
  • Make sure you haven’t received FHOG anywhere in Australia.
  • First Home Buyers Grant Eligibility in Australian Capital Territory 

There are some rules to be eligible for the FHOG in ACT: 

  • You must be aged 18 years or above and carry Australian citizenship or must be a permanent resident. 
  • Within 12 months of home settlement or completion of home construction, you need to live there for at least 6 months.  
  • Once you’ve received FHOG anywhere in Australia, you can’t get it again. 

 

Conclusion  

The blog shares information on eligibility criteria to access FHOG in different states and territories. You can check the eligibility of the state where you live to access the FHOG. For more information, you can contact Home Star Home Loan, where our experts will guide you on how you can claim FHOG.

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