Saving a deposit and getting your foot on the first rung of the property ladder is never easy. That’s why it’s so important you take advantage of the best financial advice you can get, shop for the most competitive mortgage product possible, choose your first piece of real estate wisely and find out if you’re eligible for government assistance.
There is a range of First Home Buyer assistance initiatives in place at both a Federal and State level so it’s important you do your homework and take advantage of what’s available.
However, restrictions apply to some grants so you need to make yourself fully familiar with what you can and can’t access, depending on your individual circumstances. Your local First National Real Estate agent will always be willing to help so call for advice on 1800 032 332 today.
When the GST was introduced, the Federal Government created the First Home Owner Grant (FHOG) to offset its effect. Under the scheme, a once-off grant is payable to first homeowners that satisfy all eligibility criteria.
First National Real Estate provides a summary of grants available nationally but, due to variability of government policies, cannot accept responsibility for the currency of the information. Visit the FHOG Online website and select your state of residence for current information.
Also visit our state based First Home Owner Grant pages for useful information.