First Home Buyers

As a first home buyer, we are committed to making your journey through the buying process as easy and stress free as possible so you can enjoy the excitement of owning your first home.

We can offer an all-inclusive service by recommending experienced mortgages brokers to arrange your finance applications, arrange pre-purchase inspection reports, help complete and lodge your application for the first home owner’s grant and answer any questions you may have, right up to owning the keys to the front door of your new home.

First Home Benefits

First home benefits require at least one eligible purchaser to occupy the home as their principal place of residence commencing within 12 months of completion for a continuous period of at least 6 months.

New South Wales $10,000 First Home Owners Grant (New Homes) Scheme as at September 2016

You must meet the eligibility requirements set by the NSW Office of State Revenue.

• Applies to new homes only
• ‘Eligible transaction’ date is 1 July 2017 onwards
• Purchase price capped at $600,000 for new homes (contract for sale of land for purchase of a new dwelling i.e. one contract)
• Value capped at $750,000 (vacant land price + building contract price)

‘Eligible transaction’ date is the contract date for the purchase of a new home or building contract date to build a new home.

For more information, please consult the website or contact our First Home Conveyancing Specialist.

First Home – New Home Exemption/Concession from stamp duty

You must meet the eligibility requirements set by the NSW Office of State Revenue.

New Home

• Purchase price up to $550,000 – no stamp duty payable
• Purchase price between $550,001 to $649,999 – stamp duty payable on a concessional basis
• Purchase price $650,000 and above – no stamp duty discount

Vacant Land

• Purchase price up to $350,000 – no stamp duty payable
• Purchase price between $350,001 to $450,000 – stamp duty payable on a concessional basis
• Purchase price $450,000 and above – no stamp duty discount
• Must commence construction (laying of the foundations) within 26 weeks of the settlement date

For more information,please consult the website or contact our First Home Conveyancing Specialist.