Government Scheme or Grant for First Home Buyer

 To help First Home Buyer to get into the property market, the Government has been doing their best by releasing different schemes / grants from time to time. As a result, it is very important for you, as a First Home Buyer, to keep yourself updated via visiting Government official website such as http://www.sro.vic.gov.au/. At Tree Finance Group, we will assist you checking your eligibility during the consultation.

As 19/07/2021 the following Schemes / grant are available for the people who are eligible:

 First Home Loan Deposit Scheme

-          Australian Citizen with aged 18 or over

-          Never owned a property in AUS before

-          Be qualified as First Home Buyer

-          Meet income and property price threshold

-          Have a deposit of at least 5% in genuine savings

Source: https://www.nhfic.gov.au/what-we-do/support-to-buy-a-home

Family Home Guarantee

-          Australian Citizen with aged 18 or over

-          No current own home (may have owned a property in AUS before)

-          Be a single parent with at least one dependant living with you

-          Meet income and property price threshold

-          Have a deposit of at least 2% in genuine savings

Source: https://www.nhfic.gov.au/what-we-do/support-to-buy-a-home

First Home Super Saver Scheme

-          Australian Citizen with aged 18 or over

-          Never owned a property in AUS before

-          No previously had funds released from superannuation under this scheme

-          Meet all the eligibility criteria under this scheme

Source: https://www.ato.gov.au/

First Home Owner Grant

-          Australian Citizen or PR with aged 18 or over

-          Never owned a property in AUS before

-          Must for owner-occupier, not a residential investor

-          Meet all the eligibility criteria under this scheme

Source: http://www.firsthome.gov.au/

Stamp Duty Concessions  

-          Australian Citizen or PR with aged 18 or over

-          Never owned a property in AUS before

-          Must for owner-occupier, not a residential investor

-          Meet all the eligibility criteria for your state or territory

Source: http://www.firsthome.gov.au/