While the rules vary between states, the basic First Home Owner Grant conditions are:
- You must be a permanent resident or an Australian citizen. If you’re co-buying with someone else, at least one of you must be a permanent resident or Australian citizen
- You must not previously have owned or co-owned a home in Australia or have received an Australian First Home Owner Grant in the past.
- You must be buying a home to live in – not as an investment property
- You need to live in the home for at least six months after purchase,
- You must be a natural person (not a company or a trust), and
- You need to be aged over 18.
How to apply for the First Home Buyers Grant
Usually you can apply through your lender at the same time you apply for your home loan. Court Financial Services will guide you through the application and submit it to the lender on your behalf.
Or you can apply directly to the state government body (usually the Revenue Office) that handles the First Home Owner Grant in your area.
Talk to Court Financial Services about your eligibility for the First Home Owner Grant. We’re here to help and we’re here to make it easy to understand.