First Home Owners Grant

The First Home Owner's Grant is a Federal Government initiative to encourage first homebuyers into the property market by offering a once off payment of $7 000.

 

You can choose to use the grant on whatever you wish, however its greatest value is as funds towards the house deposit, or to offset associated fees and charges.

Are you eligible?

 

 You must be buying or building your first home as an individual, not as a company or trust.

 

 In the case of joint applicants, all applicants must be eligible but only one needs to qualify as an Australian citizen or permanent resident.

 

 An applicant or applicant's spouse must not have received an earlier grant or previously owned a home before 1st July 2000.

 

 Joint applicants will be restricted to one payment.

 A contract to purchase or build a home must be entered into on/after 1st July 2000.

 

This is just a summary of the key eligibility criteria. Your Eazy Finance consultant can discuss your situation with you, and how this may effect your eligibility.

 

The Office of State Revenue can provide you with a comprehensive ruling on eligibility since the assessment varies between States.

 

How do you apply?

The eaziest way to apply is to obtain an application form from your Eazy Finance consultant who will lodge the form with your loan application with the lender of your choice. The grant is then paid via the lender and made available at settlement. You may otherwise process your application through the Office of State Revenue which can be quite a time consuming task.

Further Information?

Please contact the Office of State Revenue in your state for more information.

New South Wales
Ph : 1300 130 624

Queensland
Ph : 1300 300 118

 

Victoria
Ph : 13 21 61

 

ACT
Ph : (02) 6207 0029

 

Western Australia 
Ph : 1300 363 211

 

South Australia
Ph : (08) 8226 3750

 

Tasmania
Ph : (03) 6233 3722

 

Northern Territory
Ph : (08) 8999 6086