Tasmania’s First Home Owner Grant (FHOG) provides $10,000 to eligible first home buyers purchasing or building a new home, with no price cap on the value of the property. This grant is designed to support housing affordability and encourage the construction of new dwellings across the state. The FHOG is a key part of the Tasmanian Government’s strategy to help first home buyers enter the property market.
Eligibility for the FHOG in Tasmania requires applicants to be first-time home buyers, Australian citizens or permanent residents, and to live in the property as their principal place of residence for at least six months. The property must be a new build, and applicants must not have previously owned or co-owned a home in Australia. The application process is simple, with most applicants applying through their lender or directly to the State Revenue Office of Tasmania.
The FHOG has made a significant difference for many Tasmanians, helping them to overcome the challenge of saving a large deposit. By providing this financial boost, the grant enables more first home buyers to achieve their goal of home ownership and contributes to the growth of vibrant, sustainable communities across Tasmania. For official information, visit the State Revenue Office Tasmania website.
Find out more here:
https://www.sro.tas.gov.au/first-home-owner-grant
