As a first-time buyer you may be eligible for the FHOG – a scheme that grants $5,000 to $26,000 to first home buyers.
Applying for the First Home Owners Grant (FHOG)
To be eligible for the grant, you must:
- Be an Australian citizen or a permanent resident of Australia.
- Be buying or building your first home in Australia.
- Intend to live in the home as your primary residence within 12 months of settlement.
- If you purchase your first home with another person, you must both meet the eligibility requirements to receive the grant.
Your Nectar broker will be able to tell you if you are eligible for the grant and help you with your application.