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How much is the First Home Owner Grant worth?

April 26, 2017Home owner grant worth

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How much is the First Home Owner Grant worth?

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The standard First Home Owner is $7,000. However in October 2008 the federal government announced an increase to the First Home Owners’ Grant for first home buyers as an interim measure. First home buyers purchasing an established property will now receive $14,000 for the purchase of established homes, and $21,000 for the purchase of newly-constructed homes. The increased Grants are available between 14 October 2008 and 30 June 2009.