Applying for a first home owner grant
Check your eligibility
Processing timeframe
due to the big phone number of applications we receive every day, it is taking time to process them. We will let you know a decision a soon as we can. When you apply, make certain you provide all requested documents. If you meet the following criteria, you might be eligible for a inaugural home owner grant. Unless you are an owner builder, you must have a signed contract to buy or build your first home before applying.
Reading: Check your eligibility
Age
You ( and any co-applicants for the concede ) are natural persons aged 18 years or older .
New home
The home plate you are buying or construction must be fresh and valued less than $ 750,000 ( including land ). A raw home is a brand new dwell ( e.g. house, unit, duplex house, townhouse ; or granny flat built on a proportional ’ south land ) that has not been previously occupied as a topographic point of residence or sold as a place of residency. The award may besides be available for :
- established homes that have undergone substantial renovations before you bought the house
- homes that have been moved from one site to another, as long as the home has not been occupied since being fixed to the new site (including kit homes, manufactured homes).
Citizenship
You must be an australian citizen or permanent resident ( or applying with person who is ). If you are applying for the concede as a joint applicant—for exemplar, you are not a permanent resident but your spouse is an australian citizen—you may be eligible for the grant if you meet the early eligibility requirements. A permanent wave nonmigratory holds a permanent visa, or is a New Zealand citizen with a special class visa, as defined by the Migration Act 1958 ( Cwlth ). A New Zealand citizen with a special category visa must have a stream New Zealand passport to be a permanent house physician. You can check if your visa is permanent or temp by clicking on its subclass in the visa number. back to top
Previous grant recipient
You or your spouse must not have previously received a first home owner grant in any state or territory of Australia. If you received a concession that you late paid back, in concert with any penalty, you may be able to reapply for the concession .
Previous home ownership
You or your spouse must not :
- currently own property in Australia that you live in
- have previously owned property in Australia that you lived in
- have owned a home before 1 July 2000, whether you lived in it or not.
Investment properties
If you have owned an interest in residential property since 1 July 2000 that has been entirely used for investment purposes, you may be eligible for the grant on a subsequent place. You will need to show that you have not lived in the investment property by providing testify that covers the stallion time period of possession :
- tenancy or lease agreements
- electricity or phone accounts
- tax return details declaring the rental property.
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Residence requirements
You must move into your brand new home as your chief place of residence within 1 year of the completed transaction, and live there endlessly for 6 months. You can rent out one or more rooms in the home during your 6-month residency period, adenine long as this agreement doesn ’ thymine affect your function of the home. however, renting out any rooms in the first year after you move in may affect your eligibility for the first base concession or a first gear home vacant down concession. While the residence requirements for the concession are alike to those for the first home concession, the concede and concession are freestanding benefits ; you need to meet the requirements in each case. For model, you can rent the home out before moving in and keep the grant, but you may lose the inaugural home concession. You may be required to verify that you have met these requirements later, by providing documentation supporting the menstruation of occupation for all applicants. Compare the requirements for first home concessions and the beginning home owner grant .
Disqualifying criteria
even if you meet the eligibility standard, there are some circumstances that may stop you from getting the grant. For exercise :
- you are a trust or company (i.e. not an individual)
- the new property (home and land) is valued at $750,000 or more
- you enter into an arrangement to get the grant, but don’t use it to buy a new home
- you held an interest in residential property before 1 July 2000, regardless of how the property was used
- you buy or build your new home with financial help from a related person (who is not eligible for the grant) who will also stay in the home often, for long periods of time, or for genuine family reasons. (Money borrowed from a bank or lending institution is not considered to be financial help.)
If there is a disqualifying musical arrangement, we will not pay the concede. If the concede has already been paid, you will have to repay it. In exceptional circumstances, the Commissioner of State Revenue may use delicacy in relation to some eligibility criteria. For model, if you :
- are under 18 years of age
- move into the home after 1 year
- live in the home for less than 6 months.
Take the full eligibility test
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More information
