If you are buying or
building your first home, you may be eligible for benefits under the
First Home Owner Grant Scheme and/or the First Home Plus Scheme.
The First Home Owner
Grant Scheme is a joint Australian and NSW Government initiative
offering eligible NSW first home buyers a $7000 grant. The grant
applies to residential dwellings only and does not apply to vacant land.
The First Home Plus
Scheme provides exemptions or concessions on transfer duty and mortgage
duty for eligible first home buyers. This includes vacant land on which
you intend to build your first home.
Both schemes are
administered by OSR to help first home buyers in NSW to purchase or
build their first home.
