How does the First Home Owners Grant differ across Australia? Though the process is generally the same, each state has its own way of handling it. Below is how five Australian states differ in their FHOG implementation:
New South Wales
NSW offers a $15,000 grant for new homes that amount to $650,000 or less. The state also offers a Regional Relocation Grant of $7,000 if you move from a metropolitan home to a regional one.
In Queensland, the First Home Owners Grant is more popularly known as the Great Start Grant. First-time home buyers or those building a new home can get a $15,000 grant for properties $750,000 or less. Continue reading →