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If you’re a first time home buyer, the NSW Government’s First Home Owner (New Homes) Scheme Grant makes it much more affordable for you to buy your dream home.

However, applying for the First Home Owner Grant can be a complicated process. We’re here to help guide you every step of the way and answer all your questions.

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How much is the First Home Owner Grant?

The NSW First Home Owner Grant scheme helps eligible first home owners to purchase a new home or build their new home by offering a $10,000* grant.The Scheme applies to new homes only.

*NOTE: please check the OSR website as the grant amount may change without notice.

How do I apply for the First Home Owner Grant?

You can apply directly through the Office of State Revenue or if you require the funds to assist with paying for your new home, then you should make the application through your preferred financial institution.

How do I know if I’m I eligible for the First Home Owner Grant?

The Office of State Revenue has very specific criteria that you need to meet to ensure you are eligible for the First Home Owner Grant. At time of writing, some of the criteria included:

  • The contract date must be on or after 1 January 2016
  • The home is a brand new home
  • You are over 18
  • You or your spouse (including de facto spouse) have never held a relevant interest in any residential property in Australia.
  • The value of the property must not exceed the First Home Owner Grant Cap of $750,000
  • You have not received a first home owners grant in any State or Territory, unless subsequently repaid
  • You need to live in the home for a continuous period of at least 6 months
  • At least one applicant is a permanent resident or Australian citizen
  • Each applicant must be a natural person and not a company or trust.

NOTE: please check the criteria on the OSR website as the above criteria may change without notice.

When will I receive the Grant money?

If you make your application through your financial institution the funds will be available for the first progress payment for a building contract, or at settlement for a completed home. If you apply directly to the OSR the grant may not be available until after completion and your name is registered on the certificate of title.

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Need more information about the First Home Owner Grant?

Call 1300 NEW HOUSE to speak directly with one of our first home buyer consultants or send us an email.

For general Grant information, click through to the NSW Government website’s First Home Owner Grant (New Homes) FAQ.

Photographs on this website may depict items not supplied by Eden Brae Homes, such as furniture, window furnishings, landscaping, retaining walls, fencing, decorative landscaping items, water features, pergolas, pools, decks, outdoor fireplaces and barbeques. Any prices on this website does not include the supply of any of these items. Images feature upgraded items - please talk to a sales consultant for detailed home pricing.