If you’re a first home buyer and you’re buying or building a new home, you may qualify for a $10,000 grant under the First Home Owner Grant (New Homes) scheme if you purchase date was on or after 1 January 2016.
You can make a claim for the First Home Owner Grant if your:
To receive the grant when you buy your home:
Generally, you won’t be eligible for the First Home Owner Grant if you or your spouse:
You may still be eligible if you purchased a residential property after 1 July 2000 and didn’t live in it for more than six continuous months.
You or one of the other first home buyers who purchase with must move into the new home within 12 months after buying the property, and live there for at least six continuous months.
If you’re buying land and building a new home, you must move in within 12 months after construction is complete.
If you’re a member of the Australian Defence Force you may be exempt from the six-month residence requirement, provided all buyers are on the New South Wales electoral roll.
If you’re buying an existing home, you can apply for the grant if:
Your home is also considered new if it has been substantially renovated before you buy it. You might be eligible for the grant if: