Looking at buying your firtst home? Then you can get a little help from the Australian Government.
Eligible applicants will be entitled to a one-off $7,000 payment.
Eligible applicants must be Australian citizens or permanent residents, who are buying or building their first home in Australia.
Applicants must be at least 18 years of age.
To qualify for assistance, neither the applicant nor their spouse (or de facto) must have previously owned a home, either jointly, separately or with some other person.
An eligible home will be located in Australia and will be a new or established house, home unit, flat or other type of self contained fixed dwelling that meets local planning standards.
An eligible home must be intended to be a principal place of residence. Applicants must occupy the home within 12 months of completion of construction or settlement and must live in the home for a continuous period of at least 6 months.
Assistance will not be means tested.
Joint applicants will be restricted to a single application for a single property and only one payment of $7,000 will be made