The first home owner’s grant of $15,000 is still available
So if you’re thinking of buying or building a new home, this could be what gets you started.
While $15,000 is a substantial gift to first home buyers struggling to get a foothold in the ladder, it’s only available to those who purchase a newly constructed home.
To be eligible for the grant:
- You must be an Australian citizen or permanent resident (or applying with someone who is).
- You or your spouse must not have previously owned property in Australia.
- You must be at least 18 years of age.
- You must be buying or building a brand new home, valued under $750,000.