Home>First Home Owner>First Home Owner Grant

First Home Owner Grant

A first home owner grant is available to eligible applicants who purchase or build a new home in Tasmania from 1 July 2016. A new home is a home that has not previously been occupied or sold as a place of residence and includes kit homes.

The amount of the grant is determined by the date that the eligible transaction commenced:

Transactions commencing from 1 July 2024 will be eligible for $10 000.
Transactions that commenced between 1 April 2021 and 30 June 2024 will be eligible for $30 000.
Transactions that commenced between 1 July 2016 and 31 March 2021 will be eligible for $20 000.

Eligibility

To apply for the grant you must meet all relevant eligibility requirements.

When you apply for the grant your application must include all owners on title (the applicants). All applicants must comply with the applicant eligibility criteria.

The applicant(s) must:

be a natural person (not a company or trust);
be 18 years old or over;
be an Australian citizen or permanent resident (if more than one applicant only one applicant is required to be an Australia citizen or permanent residence); and
occupy the home as their principal place of residence for a continuous period of at least six months commencing within 12 months of completion of an eligible transaction.

Applicant(s) are not eligible as first home owners, if they (or their spouse*) have:

owned a residential property in Australia before 1 July 2000;
owned and occupied a residential property for more than six months in Australia after 1 July 2000; or
received the first home owner grant before.

* A spouse includes someone to whom you are legally married or are in a significant relationship with. For the definition of a significant relationship refer to the Relationships Act 2003 legislation.

For all applicants for FHOG, your application must relate to a new home. This means, a home that has not previously been used or sold as a principal residence.

To qualify for the higher, additional FHOG payments, the following building requirements must also be satisfied. These criteria do not apply for contracts entered on or after 1 July 2024.

Between 1 July 2016 and 30 June 2024 (inclusive) you must have:

entered into a contract to build your new home (comprehensive building contract); or
commenced laying the foundations for your home as an owner builder; or
entered into a contract to buy an "off the plan" or new dwelling (being a dwelling that has not previously been occupied or sold as a place of residence).

The building must be completed within 24 months of:

entering into the contract to build (comprehensive building contract); or
laying the foundations for an owner builder.

The building is classified as complete at the issue date of the occupancy certificate.

Movable buildings

If a moveable building (a building that is fixed to land, not a caravan or mobile home) is being purchased, the applicant is classified as an owner builder.

the commencement date is taken to be the date of the contract to purchase the new moveable building; and
the building must be new (that is, a building that has not previously been used as a place of residence).

Refer to the eligible transaction requirements that apply to your circumstance.

First home owner grant statistics for Tasmania are available from 2014-15.

If you have any queries in relation to the first home owner grant, refer to the First Home Owner Grant Guideline, legislation or email us.

< PREVIOUS First home owner	NEXT > Eligible transaction requirements

Back Home