First Home Owners Grant New South Wales

First Home Owners Grant, NSW, Australia

A $15,000 grant is available to first home buyers where the value of the new home purchased does not exceed the First Home Owner Grant Cap of $750,000 for contracts dated on or after 1 July 2014.

The amount of the grant will reduce to $10,000 from 1 January 2016.

http://www.osr.nsw.gov.au/first-home-buyers

Older FHOG system (no longer applicable)

The First Home Owners Grant provides eligible first home buyers with a $7,000 grant. This is a National scheme, administered by the New South Wales State Government.

Contracts signed up to 31st December 2009
- No Means test
- No Property Value Restriction
Contracts signed on or after 1st January 2010
- No Means test
- Not available for properties over $750,000

Source: www.osr.nsw.gov.au

First Home Owners Boost