First Home Owner Grant

The First Home Owner Grant (FHOG) scheme was introduced on 1 July 2000 to offset the effect of the GST on home ownership. It is a national scheme funded by the states and territories and administered under their own legislation. Under the scheme, a grant of up to $25,000 is available to first home owners that satisfy all the eligibility criteria, reducing from 1 January 2010 to $14,000.

Owning Your Own Home just got easier

Renting is not something most people plan on doing for ever. Most would like to one day buy their own home. Some believe it’s just a dream that’s not really achievable but there’s good reason now to be optimistic when it comes to achieving home ownership.

Many people still dream of home ownership and with low interest rates, the first home owners grant and house prices at a low ebb, there’s no need to feel that owning your own home is out of reach. In fact, with the launch of Katandra Rise, it just got a whole lot easier - at least in Doreen.

First Home Owners Grant - More Information

To see if you are eligible or to obtain more information about the First Home Owner Grant, please click the links below.

Home ownership - Victoria Online
www.vic.gov.au
First Home Owners Scheme
www.firsthome.gov.au
First Home Owner Grant - General Information
www.sro.vic.gov.au

Buying Your First Home - General Information

First Home Owners - Overview
www.sro.vic.gov.au
Buying Your First Home - Yahoo!7 Money Matters
au.pfinance.yahoo.com