Empire Homes Australia
7/ 521 Toorak Road
Toorak, VIC 3142
Are You Looking To Buy Your First Home With The First Home Owner Grant?
The First Home Owner Grant (FHOG) scheme was introduced by the Australian government on July 1, 2000 to offset the affect of GST on home ownership and to make it easier for young Australians to enter the property market. This national scheme is administered under the laws of each state.
Under this scheme, a one-off grant is typically offered to first home owners that fulfil the eligibility criteria as outlined by the governing state.
Making the decision to purchase a property is important so as a responsible and diligent first home buyer, you should have carefully reviewed your budget, compared different home loans and researched the property market.
Find out which grants and concessions may be available to you so you can pursue your dream of home ownership sooner.
Everything you need to know – from the first home buyer specialists
It’s natural to be a little nervous when you’re buying your first home. There’s no denying it’s a big commitment, but it doesn’t have to be daunting. In fact, at Homebuyers Centre, we believe it should be exactly the opposite. It’s something you do only once, something you’ve looked forward to for many years, and something that will be your financial foundation for the rest of your life. So we think it should be fun, exciting and rewarding.
We make finance easy. We’ve helped more than 30,000 Australians into their first homes and we’ve been doing it for over 20 years. Not only do we have the perfect range of homes for first home buyers, but we also know the process, inside-out, and we can guide you through it, so there are no hiccups along the way. That guidance starts now…
First Home Owners Grant
The First Home Owners Grant (FHOG) is a government initiative to help first homebuyers into the property market. It’s a genuine, one off grant that never has to be repaid.
A First Home Owner Grant of $10,000 may be available for first homebuyers who are building or purchasing a new home in Victoria, to the value of $750,000. This includes off-the-plan homes, or newly built homes that have not been previously occupied.
Stamp duty concessions are available for first home buyers in Victoria – the reduced amount will depend on the purchase price and applies to homes up to $600,000 in value.
However there are a number of criteria that you must meet to be eligible.
You may qualify for the First Home Owners 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 six 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.
Stamp Duty Concessions
As a first home owner, you may also be eligible for other concessions such as stamp duty. Your Resolve Finance broker will help you establish whether you’re entitled to the First Home Owners Grant and other concessions, and can even help you in the application process.
We understand it’s hard to save the deposit for your first home loan. That’s why we’ve partnered with Resolve Finance to offer a range of exclusive home loans that are specifically tailored for first home buyers, including low-deposit home loans and guarantor home loans.
Wе understand it’s hard tо save thе deposit fоr уоur fіrѕt home loan. That’s whу we’ve partnered wіth Leaf Lending Solutions tо offer a range оf home loans thаt аrе specifically tailored fоr fіrѕt home buyers, including lоw deposit home loans аnd guarantor home loans.
Credit services provided bу Leaf Lending Solutions Ptу Ltd (ACR 442511), Credit Representative оf Vow Financial Ptу Limited ACN 138 789 161, Australian Credit Licence 390261.
Feel free to explore our website and contact us at 0425 783 845 or email us at email@example.com. We look forward to meeting and helping you with all of your real estate needs!
Changes coming on 1 July 2017
Victoria – Doubling the first home owners grant for those buying property in regional Victoria, all purchases of new or established properties up to $600,000 will be exempt from paying any stamp duty and for purchases between $600,000 and $750,000 stamp duty will apply on a sliding scale.
Queensland – First home owners grant will revert back to $15,000 for the purchase of new or construction of a property.
Tasmania – First home owners grant will decrease to $10,000 for the purchase of a new home, an off-the-plan property or construction of a new home.
We have been in business for 16 years and helped more than 6,000 people make their home ownership dream come true.
Our 3 step process of Finance, Land and Home means a smooth and hassle free process to get you into your new home.
Fixed process packages, low deposit loans and an efficient build means we make it affordable to get into your new home.
Qualify For A First Home Owner Grant TodayCLICK HERE
OUR CLIENTS LOVE WHAT WE DO FOR THEMThese are just two of the many recommendations from our clients
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