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First Home Owners Grant Perth, WA | First-Time Buyers Rejoice!
Want to know how much the First Home Owners Grant currently is in WA, or even just if you qualify? We've got you covered! Keep scrolling to get the low-down on the FHOG and what it means for you.
First Home Buyers Grant Perth, WA.
If you’re a first homebuyer looking to build, we’ve got great news. You’re not only entitled to the First Home Owners Grant (FHOG) but you could potentially avoid paying stamp duty as well. Yep, you read right, in Perth & the South West the FHOG is a one-off payment of $10,000, which may be used towards the deposit for your new home. And as part of the WA First Home Buyer Assistance scheme, if you purchase a home up to $430,000 or vacant land up to the value of $300,000 – you won’t pay any stamp duty. This can reduce your costs by thousands of dollars! PLUS, because this is a grant from the WA State Government, there’s no need to pay it back. Just enjoy it!
Who is eligible for the First Home Owners Grant in WA?
You may qualify for the First Home Buyers Grant if you:
- Are 18 years or over;
- Are an Australian citizen or permanent resident;
- Are intending to live in the home for a continuous period of at least 6 months within 12 months of settlement;
- Have never owned a residential property in any state or territory in Australia;
- Have never received a First Home Buyers Grant from any State or Territory of Australia; and
- Your total house and land contract value doesn’t exceed $750,000
To find out more, contact us today or speak to a Resolve Finance expert.
Why take advantage of the FHOG now?
We get it, the decision to get into your own home is a big one. The projected economic & housing market fundamentals are looking positive for homebuyers, and prices for homes in Perth are still some of the lowest in the country – but the perfect time to buy is when you’re ready. You should make sure you’re in the best hands, and when you build with Celebration Homes you’ll have the peace of mind & security of building with the ABN Group, owned & managed by Dale Alcock. This also means you’ll have access to all the ABN companies, offering:
- In-house finance experts from Resolve Finance.
- Unprecedented access to land, from Two Rocks to Mandurah.
- Award-winning customer experience, with over 1,300 5-star reviews.
- Expert advice from our refreshingly honest New Home Consultants.
- 80+ home design options to choose from & market-leading inclusions.
FAQ'S
If you’ve said yes to the above qualifying questions, then there’s a good chance you will be eligible. You can get in touch by submitting an enquiry form above and one of our New Homes Consultants will provide some more personalised information. For the most up to date and relevant details on the First Home Buyers Grant, visit this website > www.wa.gov.au/organisation/department-of-finance/fhog
As of December 2023, the FHOG is a one-off $10,000 payment from the WA state government for eligible first home buyers.
Your new home (whether you build or buy established) can’t be valued any more than $750,000 for both the home & land in total.
Yes, you need to apply for the First Home Buyers Grant within 12 months of your new home being complete.
If you’re a first homebuyer and your new home is less than $430,000, or the vacant land is under $300,000 then you won’t pay stamp duty.