First Home Owner Grant Changes 2017

On January 1 2017 the First Home Owners Grant (FHOG) changed in some states. Some changes were for the better, some for the worse. And some states had no changes at all. Today we summarise each state’s current FHOG status, ranking the state’s from lowest amount of help, to most amount of help.


FHBA 50 Rebate

ACT FHOG (lowest amount of government help) 

  • Current FHOG amount: $7,000 (on 1 January 2017 the ACT FHOG decreased from $10,000 to $7,000. It is available on new homes only.)
  • Stamp Duty concessions available: Yes (new homes only)
  • Eligibility criteria: ACT FHOG Guide

NSW FHOG

  • Current FHOG amount: $10,000 (new homes only)
  • Stamp Duty concessions available: Yes (new homes only)
  • Eligibility criteria: NSW FHOG Guide

Victoria FHOG

  • Current FHOG amount: $10,000 (new homes only)
  • Stamp duty concessions available: Yes (new & established homes)
  • Eligibility criteria: Victoria FHOG Guide

South Australia FHOG

  • Current FHOG amount: $15,000 (new homes only)
  • Stamp duty concessions available: Yes (off-the-plan homes only)
  • Eligibility criteria: South Australia FHOG Guide

Western Australia FHOG

  • Current FHOG amount: $15,000 (on January 1 2017 the WA FHOG increased from $10,000 to $15,000. It is available on new homes only.)
  • Stamp Duty concessions available: Yes (new & established homes)
  • Eligibility criteria: Western Australia FHOG Guide

Tasmania FHOG

  • Current FHOG amount: $20,000 (new homes only)
  • Stamp Duty concessions available: No
  • Eligibility criteria: Tasmania FHOG Guide

Queensland FHOG

  • Current FHOG amount: $20,000 (new homes only)
  • Stamp Duty concessions available: Yes (new & established homes)
  • Eligibility criteria: Queensland FHOG Guide

Northern Territory FHOG (highest amount of government help) 

  • Current FHOG amount: $26,000 (new homes only)
  • Stamp Duty concessions available: Yes (new & established homes)
  • Eligibility criteria: NT FHOG Guide

Who can answer my questions? 

Got a question on the First Home Owners Grant in your state, or perhaps another question in relation to buying your first home? Get your questions answered by an FHBA Coach!











 

 

First Home Buyers Australia
First Home Buyers Australia

Australia’s leading organisation specialising in assisting first home buyers achieve the great Australian dream of property ownership.