Home > Loans > Home loans > Your first home > Planning the purchase > First Home Owner Grant

First Home Owner Grant

If you’re looking to buy or build your first home, there’s a helping financial hand, the First Home Owner Grant (FHOG). The FHOG is a national scheme funded by the states and territories and administered under their own legislation. The FHOG provides a one-off grant of $7,000 to first home owners that satisfy all of the eligibility criteria.

> Check if you're eligible

While the basic $7,000 FHOG applies to all states and territories, some also provide additional grants and stamp duty concessions. For more information and to see how you can make the most of the additional grants and stamp duty concessions, visit the government's First Home Owners website or contact your State Revenue Office.

You may be able to use it towards the costs of buying your home and it’s paid on completion of a transaction, such as a settlement. You’ll only get it once, so you don’t want to miss out.

As we’re a registered agent in most states, you can apply for the grant when you apply for a Teachers Credit Union home loan. Just ask our loans experts. In some states, you may also be eligible for savings on your stamp duty.