The first home owner grant (FHOG) entitles
first-time homebuyers to a $10,000 grant for newly-built homes, whose value
must not exceed $750,000 (homes located below the 26th parallel, including
Perth). Anyone can apply for the FHOG, provided he or she meets the following
requirements stated by the FHOG Act of 2000:
Individual 18 Years or Older
Section 8 and 8A of the Act state that an
eligible person must be an individual 18 years old or older. Additionally, the
individual must not be a trustee unless the buyer has a legal disability. The
Commissioner, however, can exempt a person from the age requirement if the
person has a valid reason.
Australian Citizen
Aside from being born to Australian parents in
Australia, there are other ways to become full-fledged citizens. This will be
discussed another time.
Must Not Have Received FHOG Previously
The FHOG is a one-time financial assistance
package. In fact, Section 10 of the Act states that an applicant who was
eligible for a FHOG but didn’t push through with the application can be
declared ineligible. Those who paid the grants back before January 1, 2011 due
to certain conditions, however, can still apply for a FHOG.
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