FHOG is not means tested however, home purchase price thresholds may apply. Where the commencement date of the eligible transaction is on or after 13 May 2014, the transaction eligibility threshold does not apply to the construction or purchase of a new home but continues to apply to the purchase of an established home. The transaction threshold for the purchase of an established home is $600,000.
The amount of the FHOG is the lesser of the consideration actually paid for the eligible transaction, or:
Commencement date of eligible transactionFrom 1 January 2015
From 13 May 2014 – 31 December 2014
New home$26 000
Urban area – $12 000
Elsewhere – $25 000
My First Place cannot provide an indication regarding your eligibility to a First Home Owners Grant. For eligibility please look to your specific state’s First Home Owners Grant page, or contact your state government department (contact details are found in First Home Owners Grant Resources).