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If I buy a house with the first home owner’s grant, do I have to live there?

Generally, you (or at least one applicant on your home loan) must occupy the home as your/their principal place of residence for a continuous period of at least 6 months, commencing within 12 months of either settlement or completion of construction.  Certain exemptions to this may be granted under special circumstances.

This automated eligibility test will show if you qualify for the First Home Owners Grant.

A Your Local Finance Mortgage Broker can assist with the application for the grant as part of your loan application process. Call Your Local Finance mortgage broker on 1300 787 665


 

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