First Home-Buyers Grant Until June 30, 2002, a $10,000 grant is available to Australian first homebuyers to go towards the building of a new home or the purchase of a previously unoccupied new home. This grant has been scaled back from $14,000 which applied until December 31, 2001. For first home buyers purchasing an established property, the grant is $7,000 and this grant continues indefinitely. The First Home Owners Grant scheme comes from the Commonwealth government las vegas refinance christian debt consolidation to help compensate for the effect of the GST. The extra grant for buying a newly built home is a temporary measure to boost the housing sector and underpin the wider economy. First home buyers in New South Wales get a further bonus, with the State government offering a rebate on stamp duty payable on their first property purchase under a scheme called First Home Plus. First Home Owner Grant To qualify, you must: be a permanent loan applications christian debt consolidation resident or citizens of Australia. not already own, or have owned a property. If you are married, this includes property held in either your name or your partner's. intend to live in the property. Buyers of new homes have 26 weeks after entering a contract to begin construction and have 18 months to complete construction. First Home Plus The scheme offers first homebuyers in NSW a rebate on the stamp duty applicable to both the purchase of fast cash loans christian debt consolidation property purchase and the mortgage. This means: no stamp duty is payable on properties valued at $200,000 or less in metropolitan areas (around Sydney, Newcastle and Wollongong) and $175,000 or less in other areas of NSW. discounts on stamp duty for property between $200,000 and $300,000 in metropolitan areas and $175,000 and $250,000 in other areas. The amount of these concessions are based on a sliding scale between the designated sums. no stamp duty exemption or christian debt consolidation christian debt consolidation discount for property