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There are many government grants and schemes available to first home buyers in Australia, depending on your location, income, and property type. Some of the common ones are:
First Homeowner Grant (FHOG): A one-off payment of up to $20,000 for eligible first home buyers who purchase or build a new home. The amount and eligibility criteria vary by state and territory12.
First Home Super Saver (FHSS) Scheme: A scheme that allows first home buyers to save money for their home deposit inside their superannuation fund, and benefit from the concessional tax treatment. The maximum amount that can be released from super is $50,000.
Home Guarantee Scheme: A scheme that provides a government guarantee for eligible first home buyers who have a deposit of at least 2% of the property value, so they can avoid paying Lenders Mortgage Insurance (LMI).
Stamp duty grants and concessions: A reduction or exemption of the stamp duty (a tax on property transactions) for eligible first home buyers.
Help to buy scheme: at this stage this is not ready but will be available to first homebuyers in the near future.
Your journey towards homeownership begins here. Embrace this moment as an opportunity to invest in your future and create a space that reflects your values and aspirations. Every step taken today is a foundation for tomorrow’s dreams.
Post Address and Mail
Address:
15 Rainbow Parkway Two Rocks, Perth, Western Australia
Get In Touch
Assistance Hours
Mon – Sat 8:00am – 6:00pm
Sunday – CLOSED
Phone Number: 0483 919 628