FHOGS& STATE SUBSIDYSUMMARY
NEW SOUTH WALES
Contract Date | Transaction Type | First Home Owner Grant Federal Grant $ | First Home Owner Boost Payment Federal Grant $ | NSW New Home Buyers Supplement State Subsidy $ | Maximumamount $ |
01/01/10to 30/06/10 | Established home | 7,000*** | 0 | 0 | 7,000 |
New Constructed home | 7,000*** | 0 | 3,000 | 10,000 |
***Customers entering into a contract inside the above specified dates will be restricted to a capped property value of $750,000
VICTORIA
Contract Date | Transaction Type | First Home Owner Grant Federal Grant $ | First Home Owner Boost PaymentFederal Grant $ | First Home Bonus State Subsidy $ | First Home Owner Regional Bonus State Subsidy $ | Maximumamount $ |
01/01/10to30/06/10 | Establishedhome | 7,000*** | 0 | 2,000** | 0 | 9,000 |
Newlyconstructedhome in MetroVictoria | 7,000*** | 0 | 11,000** | 0 | 18,000 | |
Newlyconstructedhomei n RegionalVictoria | 7,000*** | 0 | 11,000** | 4,500 | 22,500 |
*Value ofpropertymustnot exceed$500,000 **Value ofpropertymustnotexceed $600,000.
***Customers entering into a contract inside the above specified dates will be restricted to a capped property value of $750,000 including landvaluewith theexceptionoffarms being purchasedastheprincipleresidence oftheFirstHomeBuyer.
SOUTH AUSTRALIA
Contract Date | Transaction Type | First Home Owner Grant FederalGrant $ | First Home Owner BoostPayment FederalGrant $ | First Home Bonus Grant State Subsidy $ | Maximum amount $ |
01/01/10to30/06/10 | Established home | 7,000 | 0 | 4,000* “ | 11,000 |
Newlyconstructedhome | 7,000 | 0 | 4,000* “ | 11,000 |
*Available for property/constructed property with a market value of $400,000.
“Reduced by $8 per $100 for property/constructed property with market value between $400,001- $450,000.
QUEENSLAND
Contract Date | Transaction Type | First Home Owner Grant Federal Grant $ | First Home Owner Boost Payment Federal Grant $ | Maximum amount
$ |
01/01/10to30/06/10 | Established home | 7,000*** | 0 | 7,000 |
Newly constructed home | 7,000*** | 0 | 7,000 |
***Customers entering into a contract inside the above specified dates will be restricted to a capped property value of $1,000,0 00includinglandvalue.
NORTHERN TERRITORY
Contract Date | Transaction Type | First Home Owner Grant Federal Grant $ | First Home Owner Boost Payment Federal Grant $ | Maximum amount
$ |
01/01/10to30/06/10 | Established home | 7,000*** | 0 | 7,000 |
Newly constructed home | 7,000*** | 0 | 7,000 |
***Customers entering into a contract inside the above specified dates will be restricted to a capped property value of $750,000 including landvalue.
ACT &TAS
Contract Date | Transaction Type | First Home Owner Grant Federal Grant $ | First Home Owner Boost Payment Federal Grant $ | Maximum amount
$ |
01/01/10to30/06/10 | Established home | 7,000 | 0 | 7,000 |
Newly constructed home | 7,000 | 0 | 7,000 |
Nocappedproperty valueapplies.
WESTERN AUSTRALIA
***Customers entering into a contract inside the above specified dates will be restricted to a capped property value of $750,000 for post codes south of the 26th parallel
(from Kalbarri 6536) and $1,000,000 for postcodes north of the 26th parallel (from Denham6537), including land value.
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