June 16, 2016

Interested in building a first home at Watagan Park? Check out the First Home Owner Grant (New Homes) scheme, which is a great incentive. The NSW Government awards a $10,000 grant to any home-building contract that is made on or after January 1, 2016. For home building contracts made between October 1, 2012 and December 31, 2015, the grant amount was $15,000.

To be eligible for the grant:

  • The contract date must be on or after January 1, 2016
  • The home is brand new
  • You are over 18
  • You or your partner have never held a relevant interest in any residential property in Australia prior to July 1, 2000
  • The value of the property must not exceed $750,000
  • You have not received a first home owners’ grant in any State or Territory, unless subsequently repaid
  • You need to live in the home for a continuous period of at least six months
  • At least one applicant is a permanent resident or Australian citizen

For more information on applying for the First Home Owners’ Grant, visit the Office of State Revenue at osr.nsw.gov.au/grants/fhog

Live outside the box at Watagan Park

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