The First Home Owner Grant (FHOG) is paid by the State Government to
eligible first home owners. The payment is made only after an
application has been submitted to and approved by RevenueSA or a
financial institution authorised by RevenueSA to process applications.
applies to the purchase or construction of a residential property,
including a house, flat, unit, townhouse or apartment that meets local
planning standards anywhere in South Australia. The FHOG currently
applies to both new and established homes, but will cease for
established homes from 1 July 2014.
The residential property must
be occupied as each applicants principal place of residence property
for a continuous period of at least six months commencing within 12
months of date of settlement for contracts to purchase, or the date
construction is completed for owner builders or contracts to build.
How much is the FHOG?
amount of the FHOG payable is determined by the date the contract to
purchase or build a home is entered into, or the date on which
construction commenced for owner builders.
The tables below outline the current grants and concessions available:
|New Homes*||Up to|
|First Home Owner Grant (from 15 October 2012#)||$15 000|
|First Home Owner Grant (1 July 2002 to 14 October 2012#)||$7000|
|Please see the First Home Buyers Grants Table for previous amounts|
|Housing Construction Grant (15 October 2012 to 31 December 2014#)||$8500|
|If you are purchasing an off-the-plan apartment that meets the required criteria, you may also be eligible for a Off-the-plan Concession (stamp duty)||$21 330|
| Established Homes||Up to|
|First Home Owner Grant (22 November 2012 to 30 June 2014#)||$5000|
|First Home Owner Grant (1 July 2000 to 21 November 2012#)||$7000|
enters into a contract to build a new home on 15 October 2012. The
contract states that the home will be completed by 13 August 2013 for a
total cost of $350 000 (house and land).
Assuming Joe meets the required eligibility criteria, he could receive a $15 000 FHOG, plus an additional $8500 HCG.
enters into a contract on 25 November 2012 to purchase an off-the-plan
apartment at Bowden Village which will be ready for occupation on 15
April 2013. The purchase price is $295 000.
Susan meets the required eligibility criteria, she could receive a $15
000 FHOG, plus an additional $8500 HCG. As the apartment is located in
an eligible area, she could also be eligible for an off-the-plan stamp duty concession of $11 092.50 (being the stamp duty payable on $295 000).
Ian enters into a contract to purchase an established home on 18 December 2012, for a consideration of $495 000.
Assuming Ian meets the required eligibility criteria, he could receive a $5000 FHOG.
What are the eligibility requirements?
least one of the applicants must be an Australian citizen or have
permanent residency in Australia. New Zealand citizens permanently
residing in Australia who hold Special Category Visas may also apply.
applicant(s) or their spouse(s)/domestic partner(s) must not have
previously owned a residential property anywhere in Australia prior to 1
- The applicant(s) or their
spouse(s)/domestic partner(s) must not have owned a residential property
anywhere in Australia on or after 1 July 2000 and occupied that
property continuously for six months or more.
applicants must occupy the home purchased or built as their principal
place of residence for a continuous period of at least six months
commencing within 12 months after completion of the eligible
It is the responsibility of the applicant(s) to
satisfy the Commissioner that they have meet the residency requirements.
Applicants may be required to verify this later by providing
documentation supporting their period of occupancy (e.g. electricity and
gas accounts, bank statements, landline and/or mobile phone accounts
and household contents insurance policies).
Applicants who do
not meet the residency requirements must contact RevenueSA in writing
within 14 days of the date on which it first became apparent that the
residency requirements would not be complied with, and repay the grant.
- Each applicant must be a natural person (i.e. not a trustee or company) except in the cases of legal disability.
- Each applicant must be at least 18 years of age at the time of making application for the FHOG.
- The property purchased has a market value of $575 000 or less.
property value cap applies to applicants who entered into a contract to
purchase or build a home on or after 17 September 2010, or who commence
construction as owner builders on or after 17 September 2010. The
property value cap is $575 000 and applies to the market value of the
property purchased or built.
In the case of a contract to purchase a home the market value is:
- the consideration for the purchase of the home; or
- where the consideration is less than market value, the market value of the property.
In the case of a comprehensive building contract the market value is:
sum of the consideration for the building contract and the market value
of the property on which the home is to be built as at the time the
contract is made; or
- where the consideration for the building
contract is less than actual costs, the sum of the actual costs to build
the home and the market value of the land on which the home is to be
built as at the time the building contract is made.
In the case of an owner builder the market value is:
market value of the property on which the home is situated at the time
the home is completed and ready for occupation as a place of residence.
in the cases of a genuine farm the market value of the property will be
determined on the value of the home and curtilage area of that part of
the land that is to constitute the site and curtilage of a home that is
to be built on that site.
For more information visit: www.revenuesa.sa.gov.au/grants-and-concessions/first-home-owners