The First Home Owner Grant can make owning your first home a lot more affordable and give you a headstart on moving into the property market. So, if you're a first homebuyer investing in a new home or building one, read on!
Getting the First Home Owner Grant can be a slightly different process for everyone. It's best to speak with a finance professional to make sure you get the best outcome. In the meantime, here’s some info to get you started.
How much is the First Home Owner Grant?
If you're eligible for the grant, you could receive up to $15,000. For the most up-to-date information, visit the RevenueSA website.
How do I know if I'm eligible for the grant?
RevenueSA provides a handy interactive online tool for you to check your eligibility. Visit the RevenueSA Eligibility Checklist to see if you should apply for the First Home Owner Grant.
How can I apply?
First, get the advice you need either through an approved agent in South Australia or through Revenue SA. Statesman Homes has partnered with KeyStart Finance and can also assist. We'll assist in making sure your documents are all in order so your application can be assessed quickly.
When is the grant paid?
When and how the grant is paid will depend on your circumstances: how you apply, through whom, and whether, for example, you're building from scratch, or buying a home straight off the plan. Generally the grant will be paid in stages. Visit the Revenue SA website for more info, or speak with us.
Want to learn more about the First Home Owner Grant? We can help.
Contact us online or call 1300 724 663 to have your questions answered by one of our experienced consultants.
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