First Home Owner Grant
July 2000
The South Australian Government is assisting first home buyers to purchase
or construct their first home through the $7,000 First Home Owner Grant (FHOG). If you are
a first home buyer, you may be eligible to receive the grant.
What Homes Qualify?
A new or established dwelling including a house, flat, unit, townhouse or apartment
anywhere in South Australia that meets local planning standards. The dwelling must be used
as your principal place of residence within 12 months of the date of settlement in the
case of an established home, or for a new home, 12 months from the date construction is
completed.
The contract to purchase an established home or to build a
new home must be signed no earlier than 1 July 2000.
Who is eligible
to receive the Grant?
A first home buyer who fulfils the
criteria below:
- At least one of the applicants must be an Australian
citizen or have permanent residency in Australia.
- None of the applicants or their spouse/de facto can have
previously owned a residential property anywhere in Australia prior to 1 July 2000.
- An applicant or their spouse/de facto cannot have
purchased a residential property after 1 July 2000 and occupied that property.
- Applicants must occupy the home purchased or built, as
their principal place of residence within12 months of the date of purchase or completion
of construction.
- Except in cases of legal disability applicants must be
natural persons (that is, not a company).
- Everyone who on completion of the transaction will be an
owner of the home is considered an applicant.
How do I
apply?
Applicants can complete and lodge an
application
form with either an
approved FHOG
Participant, which includes approved financial institutions, or RevenueSA. You are
only able to complete and lodge an application form with an approved FHOG Participant
where you are borrowing funds from that Participant, as part of buying or building your
home. You need to apply within twelve months of completing the transaction.
More
Information?
Further information see
our favourite links page, Revenue SA's
Frequently Asked
Questions page or the First Home Owner Grant website
www.firsthome.gov.au.
or you can direct your enquiry to:
RevenueSA
Telephone (08) 8226 3750 or Free Call 1800 637 778
E-mail
revenuesa@saugov.sa.gov.au.
Did you know...
First homebuyers don’t have to pay stamp duty on homes of up to
$80,000! First homebuyers purchasing homes over $80,000 are charged stamp duty on a
sliding scale as outlined below:
Stamp Duty on Transfer |
Property Value |
1st Home buyer |
Non-
1st Home buyer |
$ |
$ |
$ |
40,000 or less |
Nil |
780 |
45,000 |
Nil |
930 |
50,000 |
Nil |
1,080 |
55,000 |
Nil |
1,255 |
60,000 |
Nil |
1,430 |
65,000 |
Nil |
1,605 |
70,000 |
Nil |
1,780 |
75,000 |
Nil |
1,955 |
80,000 |
Nil |
2,130 |
85,000 |
385 |
2,305 |
90,000 |
770 |
2,480 |
95,000 |
1,155 |
2,655 |
100,000 |
1,540 |
2,830 |
105,000 |
1,950 |
3,030 |
110,000 |
2,360 |
3,230 |
115,000 |
2,770 |
3,430 |
120,000 |
3,180 |
3,630 |
125,000 |
3,590 |
3,830 |
130,000 |
4,000 |
4,030 |
135,000 |
4,230 |
4,230 |
140,000 |
4,430 |
4,430 |
|
