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Find out about first home buyer grants and saving for a house deposit New incentives for first home buyers have been promised by the newly elected labour government, so it’s worth keeping yourself up to date with what’s on offer to help get your foot on the housing ladder. Buying your first home can be a very exciting time

If you’re ready to buy, you may be eligible for government help to get you into the property market In this guide, we’ll break down what these schemes entail and how you can take advantage of them to step into your dream home. Each state and territory has information and support for first home buyers.

Eligible first home buyers can receive a $10,000 grant towards buying or building a new home

How much an eligible buyer can spend on their property and still receive the grant depends on the property’s location. First home buyers may be able to receive a first home owner grant (fhog) towards the purchase of a new home The first home owner grant is different to the australian government's first home guarantee scheme See information about the first home guarantee.

Learn which government grants and concessions you may be eligible for when buying a home. These income thresholds will be indexed on 1 july annually and updated figures will be published on first home buyer's website at firsthomebuyers.gov.au Two key initiatives in australia aimed at easing the burden for first home buyers are the first home owners grant (fhog) and the home guarantee scheme (hgs)

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