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First Home Owners Grant


The First Home owners Grant in Australia, is a government grant that is designed to make purchasing a home more accessible to first home owners. The grant varies from state to state and I have put a link to the government website that outlines the different grants available on a state by state basis.

If you are buying your first home, you may also, depending on the state that you are in qualify for lower stamp duty fees. Easiest thing to do is check here. Put in the value of the home that you would like to purchase, your individual circumstances and it will give you the stamp duty costs that you will be up for.

As Castle Mortgages is based in South Australia, I will focus this blog piece on the South Australian housing market. However, we help clients from all over the country so should you have any questions please do not hesitate to get in contact.


So in South Australia, for any new home that is purchased from the 15th of October 2012 onwards, there is a $15000.00 grant available to permanent residents and obviously Australian citizens.

A new home is defined as a home that has not been previously occupied or sold as a place of residence. Or a Substantially renovated home. To see the exact definition, go here.

The FHOG in South Australia is also capped by the price of the home, and may not exceed $575000.00 anything above this and the FHOG will not be available.

None of the applicants or owners of the home can have ever owned a home to be able to claim the FHOG.

Normally the FHOG is paid on a newly built home at the slab phase. Meaning that in terms of a deposit it may not necessarily be helpful. However, there are some lenders out there that will advance the money to the borrower enabling them to use it towards the purchase of the land.

In South Australia there is also an off the plan concession available for apartments. For more details on this you can have a look here. I will not delve into this here as it can get a little tricky with regard to how its calculated. I would suggest that you get in touch to have a chat about your options with regards to this.

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