Offers for First Home Owners by state 

Purchasing your first home is an exciting but often daunting exercise, particularly given the sharp rise in prices across Australia in recent decades.  Thankfully there is support from both government initiatives and builders, such as Metricon, to help you realise your home ownership dreams sooner.
 
The First Home Owner Grant (FHOG) scheme was introduced in 2000 to offset the effect of the GST on home ownership, and varies in detail by state.  Under the scheme, a one-off grant is payable to first home owners that satisfy the eligibility criteria. The scheme has been instrumental in helping first home owners buy into the increasingly expensive market. 

Queensland First Home Buyers 

The Queensland government currently offers a grant of $20,000 towards buying or building your new house, unit or townhouse (valued at less than $750,000).  This amount will drop after 31 December, 2017 but it has not been announced to what at this stage. More information about the FHOG initiative can be fund here.
 
To further assist Queensland first home buyers, Metricon offers some amazing savings on their Freedom range.  Customers can choose from one of four upgrade packs, including kitchen, bathroom, cooling and flooring, or they can have them all! Details about the packs can be found here.
 

NSW First Home Buyers

There are a number of initiatives in place to help first home buyers in NSW.  They include:
  • a $10,000 grant for builders of new homes up to $750,000 and purchasers of new homes up to $600,000
  • the abolishment of stamp duty on all homes up to $650,000
  • some stamp duty relief for homes up to $800,000
  • abolishment of insurance duty on lenders’ mortgage insurance
 
More detail on the NSW FHOG initiatives can be found here.
 
Metricon currently offers NSW home buyers some incredible savings on their Freedom range:
 

VIC First Home Buyers 

Changes have recently been made to the FHOG in Victoria.  Some of the initiatives pertain only to regional buyers however.
 
Regional Victoria
Earlier this year the Victorian government announced a doubling of the FHOG for the purchase of new properties in regional Victoria.  The grant now stands at $20,000 for the purchase of a new home up to the value of $750,000.  Metricon currently has over 100 customisable designs to choose from that are ‘grant ready’ and offer exceptional value to regional property buyers.  There are also a number of special offers on the Freedom by Metricon range that are geared towards helping first home buyers purchase the home they love.

Melbourne
The FHOG is currently $10,000 for the purchase of new or established property in Melbourne.  There is no stamp duty on homes valued at $600,000 or less, and there is a concession on stamp duty for homes valued between $600,001 and $750,000.
 
Metricon has a fantastic initiative to help first home buyers purchase their dream home faster.  The Home Saver is a simple savings plan all managed for you. You get your own personal Savings Coach to keep you on track and Bonus Savings dollars to help you reach your goals sooner.  
 
HomeSolution by Metricon is a ground-breaking new service designed to help get you into your dream home fast.  With just a $2,000 deposit, plus the first home owners grant, you could be on your way to owning a stylish, brand new home almost immediately. 

Find out today if you are eligible for the FHOG and start planning your dream home now!