First Home Owner Grant (FHOG) Calculator

What does First Home Owner Grant mean?

The FHOG is an amount of money, usually between $10,000 to $30,000, that the government will grant a first home buyer. It's specifically for those who are buying or building their first home and unlike loans, the buyer is not entitled to repay the grant from the government.

In order for someone to be eligible for this grant, conditions should be met such as that the new house must not have been sold previously for residency, occupied as a home or rented for short-term accommodation such as Airbnb. Here are other conditions that you should know:

• The first sale of a house will not be considered a new home if the person who built it has used it for living, had it leased or rented by somebody else

• A new home cannot be an investment property or a rest house used for holidays

• The first new home can be a house, townhouse, apartment, unit and other related type of houses

How to apply for First Home Owner Grant

Before looking for your first property, here are some steps you should take to apply for FHOG:

1.Check if you're qualified

Depending on which state you are in Australia, you can check the FHOG government website for information and requirements here:

First Home Government Website

An applicant must meet the following conditions to receive the FHOG:

• 18 years old and above

• Must be an Australian citizen

• Must live or occupy the house as their principal place of residence for 1 year, commencing from the settlement or completion of the construction process

2. Collect documents and gather evidence

For an Australian Citizen, the documents that you need to prepare include:

• A current primary identity document or evidence of citizenship such as birth certificate, passport, or citizenship certificate

• Identity evidence with a photo and signature such as driver's license or an ID card with proof of age

• Evidence for residency in Australia such as Medicare card, vehicle registration or department of veteran's affairs card

• Evidence of current residential address such as electric, gas, and water bills or rate notice

3. Complete the application

Application forms are available online for different states and territories. Once you have gathered the required documents, you can print out the FHOG application forms (from your respected states local websites) and mail it to your State Revenue Offices.

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