If you’re buying or building your first home, you could be eligible for financial assistance from the state government to make your dream come true. Depending on the location where you’re planning to buy or build a home, you may receive different quotes that vary upon your requirements. The First Home Owner Grant (FHOG) is funded by the states and territories and controlled under their law. Therefore, it’s imperative to know your financial accountabilities and what help is available to meet your needs. You may be eligible for First Home Owners Grant in Melbourne if:
- You’re buying a new home that is never sold as a place for residence or occupied before.
- Atleast one candidate needs to be an Australian citizen. New Zealand citizens having special category visas who are permanent residents of Australia can also apply.
- All First Home Owner Grant candidates must live in the home for a constant period of at least 6 months starting with one year of the date of settlement for agreements to purchase.
- All applicants should be at least 18 years old or above.
- You or your spouse haven’t occupied an Australian residential property.
- You and your domestic partner have not ever received grants for buying a home in any territory of Australia. If the grant was received and paid back with any penalty, you may be eligible to re-apply for the grant.
- You may be eligible for the FHOG if you or your spouse bought the property after or on 1 July 2000 and have not lived there.
