Home > Compare Home Loans > First Home Buyer > First Home Owner Grant

Explore Home Loans

The First Home Owner Grant (FHOG) was introduced by the Australian Government to help Australian’s with their first home purchase. The Grant is available across Australia, at a base amount of $7,000, although the total grant amount and legislation varies for each state.

You can find more information about the FHOG in your state using the links below.

How do I know if I am eligible for the First Home Owner Grant?

If you meet the following criteria, you may be eligible to apply for the First Home Owners Grant:

  • Will this be the first time you have owned or built a house in Australia?
  • Do you intend to live in the property for at least 6 months consecutively, within 12 months of purchase?
  • Is the total property purchase less than your state’s stipulated capped amount?

Are the rules different for newly built vs. pre-existing properties?

The base amount will be $7,000, however, extra incentives may be offered in some states and territories if you are building your first home.

What is the purchase value cap for my property?

  • ACT – $750,000
  • NSW – $650,000
  • NT – $600,000
  • QLD – $750,000
  • SA – $575,000
  • VIC – $750,000
  • WA – $750,000 (or $1,000,000 for properties north of the 26th parallel)
  • TAS – no limit

Information published current as of January 2014

Ready to find a better deal? It’s easy to compare with us.

Compare home loans