First home owners grant... granted

Aka, the one that gifts you free money.

Asset-26

Being a first home owner is remarkable in itself. But it also comes with a completely catch-free, no strings attached, never ever have to pay back, $10,000 cheque. Just for being you.

Show me the money (or, the Government building grants. Same same).

If you’re here, chances are you’ve heard of the First Home Owners Grant (FHOG). If not, it’s a $10,000 one-off payment from the WA Government to help young renters like you get into a home of your own.

And if your house and land package is worth up to $430,000 not only will you receive the $10,000 FHOG, you’ll also save anywhere from $10,000-$14,000 in stamp duty fees. Yes, it’s good to be you.

No catches, just clear criteria. And lots of happy first home owners.

Here are the seven criteria you must meet to get the First Home Owners Grant (FHOG):

  • Be a real-life person (not a trust or a business)
  • Be over 18 years old
  • Be an Australian citizen or permanent resident
  • Not have owned a residential property before in Australia
  • Not have received the FHOG grant before in Australia (that goes for your partner, too)
  • Choose a House and Land package valued at or under $750k (That’s any of these packages)
  • Live in your new home for a continuous period of at least six months within its first year

Pretty simple, no? We told you it was catch-free.

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You’re unique, and so is your situation. Sometimes speaking to an expert who can make sense of the financials can make all the difference. Our partners at Custom Financial Solutions have got you covered, and their advice comes both cost and obligation-free.

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*Correct as of Aug 2021.

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