If you’re a first home buyer, you may get a helping hand from the Federal government, in the form of the First home owner grant, which is equivalent to a tax-free grant of $7,000.
If you are eligible for the First home owner grant your bank/broker may be able to provide you with the appropriate forms to complete in order to apply.
There’s also a range of rebates for first home buyers from State and Federal governments, usually in the form of stamp duty rebates or exemptions. These vary from state to state.
Below you’ll find the web address for your state/territory office of revenue. They can provide you with the latest information on the First Home Owner Grant, including eligibility requirements and application forms.
