Wondering if you're eligible for the First Home Owner's Grant?

Firstly, what is the First Home Owner’s Grant (FHOG)?

Well, it’s a once-off payment of up to $15,000 that is available to first home owners when they either purchase or construct a new home.

What does that mean?

If you are planning to build a brand new home for the first time and haven’t previously owned a property then you are most likely eligible for the grant. As well as if you are purchasing a home for the first time that was built after 30th June 2014 you may also be eligible.

Are there other factors that affect your eligibility?

Yes! You must be 18 years or over and an Australian citizen or permanent resident. You must also occupy the house for a continuous period of at least 6 months within the first year of the purchase. This means you need to move into the home within the first 12 months of the transaction and you must live there for at least 6 months continuously. To receive the FHOG the value of the property has been capped at $575,000, therefore if your property is less you could also be eligible.

The best way to find out whether you qualify for the FHOG is to contact your mortgage broker. There are also online tools / questionnaires that can help determine your eligibility (see links below).

What has the FHOG got to do with Angus Estate?

We are currently offering the Angus Double Grant! This means if you qualify for the FHOG we will match the grant dollar for dollar. We have partnered up with three of Australia’s most recognised builders to bring this offer to you. If you decide to build with either Simonds Homes, Rivergum Homes, or Metricon we will match the FHOG you receive! Of course, Terms and Conditions apply so click here find out all the information on the Angus Double Grant.