First Home Owner Grant (FHOG) Guide

The First Home Owner Grant (FHOG) is a one-time payment. It helps eligible first-time home buyers purchase or build a new home. This guide will walk you through the key details.

Who Can Apply?

To qualify for the FHOG, you need to:

• Be an Individual: Only natural persons can apply, not companies or trusts.
• Be at Least 18 Years Old: You must be 18 or older.
• Be an Australian Citizen or Permanent Resident: At least one applicant must meet this requirement.
• Have No Previous FHOG: Neither you nor your spouse should have received a FHOG or First Home Owner Rate of Duty (FHOR) before.
• Have No Previous Property Ownership: You and your spouse must not have owned residential property in Australia before 1 July 2000 or after that date and lived in it before specific dates.
• Occupy the Home: You must live in the home as your principal place of residence for at least six months. This period must start within 12 months of completing the transaction.
• Purchase or Build: The grant applies to buying or constructing a home, or starting construction as an owner-builder. The property must be ready for occupation.
• Property Value Cap: For transactions from 1 January 2010, the home’s value must not exceed $750,000 or $1,000,000, depending on the location.

How to Apply

Here’s what you need to do:

• When to Apply: Apply after signing a contract to buy or build a home, or after starting construction as an owner-builder.
• Where to Apply: Submit your application through an Approved Agent or directly with RevenueWA. You must do this within 12 months of completing the transaction.
• What to Provide: Include proof of identity, citizenship or residency, and documents proving the transaction (e.g., contract of sale or building commencement evidence).

Residence Requirements

• Live in the Home: Occupy the home as your principal place of residence for at least six months. This must start within 12 months of completing the transaction.
• Notify If You Can’t Meet Requirements: If you cannot meet the residence requirement, inform the Commissioner in writing within 30 days of the deadline. Exceptions may be granted for unforeseen circumstances.

Penalties and Compliance

• False Information: Providing false or misleading information can lead to prosecution and penalties up to $20,000.
• Non-Compliance: Not living in the home as required may result in having to repay the FHOG, along with possible penalties and future grant ineligibility.

Partner with Integrity Property Investment

Integrity Property Investment helps you make the most of your FHOG benefits and achieve your property goals. Our expert team ensures every decision supports your long-term financial strategy.

📅 REGISTER NOW for our next webinar and secure your financial future!

🔗 Join our weekly webinars: Property Investing for ADF

🌐 Visit our website: Integrity Property Investment

~Integrity Team