For eligible transactions made on or after 1 January 2016, the grant amount is $10,000.
The grant amount is determined by the date of the contract to purchase a new home or contract to build a home.
For an owner builder, the eligible date is when the building work commences.
What classifies as a ‘new’ home?
A new home is a home, or granny flats, that has not been previously occupied or sold as a place of residence.
A new home includes a home that has been substantially renovated and a home built to replace demolished premises.
If you would like more information about Hi-Tech Homes and to find out if you are eligible for the First Home Owners Grant, please call our friendly sales team on 02 4774 8388.