Home Loans
First Home Owners Grant
- What is the First Home Owner Grant?
- Am I eligible for the First Home Owner Grant?
- How do I apply?
- What are the benefits of applying through ANZ?
- When will I receive the payment?
What is the First Home Owner Grant?
The First Home Owner Grant is a one-off grant payable to first home owners that meet the eligibility criteria. State and Territory governments throughout Australia provide a payment of up to $21,000 for a newly built house that has not been previously occupied and $14,000 if you buy an established house.
For more information, please visit - www.firsthome.gov.au/
topAm I eligible for the First Home Owner Grant?
To find out if you are eligible, select which State or Territory you are purchasing the property in.
When completing an ANZ Home Loan Application online, you will be asked to test your eligibility and apply for the First Home Owner Grant. ANZ will then guide you through the application process.
If you apply in a branch you will be asked to fill in a First Home Owner Grant form.
What are the benefits of applying through ANZ?
Successful First Home Owner Grant applications lodged through ANZ will be available to you on the day of settlement (if you have purchased an established property).
This grant can be used to contribute to the cost of the property and/or fees associated with the property purchase, or can be paid into a nominated ANZ Bank Account. It's up to you!
When will I receive the payment?
- For the purchase of an existing dwelling, payment will be made at settlement.
- For a building contract, payment will be made on the first progress payment.
- For an owner-builder, payment will be made on certificate of occupancy/completion.
Western Australia residents
If your loan is approved, the First Home Owner Grant application must be completed and returned to ANZ a minimum of eight working days before settlement, otherwise funds will not be available at settlement.
Owner builder First Home Owner Grant payments will be actioned upon completion of the property.
©
Copyright Australia and New Zealand Banking Group Limited (ANZ),ANZ Centre Melbourne, 833 Collins Street, Docklands, Victoria 3008, ABN 11 005 357 522, 1996-2012.
ANZ's colour blue is a trade mark of ANZ.
Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you.
ANZ recommends you read the Product Disclosure Statement and the Financial Services Guide before acquiring the product.