First home buyers grant south australia
As a first home buyer in South Australia, you may be entitled to the First Home Bonus Grant (FHBG) in addition to the federal government’s First Home Buyers Grant.
Under the First Home Bonus Grant eligible first home buyers receive a grant of up to $4,000 on first home purchases with a market value of up to $400,000. For properties valued between $400,000 and $450,000, the grant reduces by $8 for every $100 that exceeds $400,000.
Claiming the first home buyers grant and the first home bonus grant
Your local mortgage broker can help you determine your eligibility for both grants, help you find a loan that is in your best interest and even help you complete your paperwork. Simply email us the form on this page or call at any time on 13 LOAN or direct on +61 2 9249 3739 and we will contact you within 2 business hours.
How much is the first home bonus grant
| Property Value | FHBG Payable |
| Up to $400,000 | $4000 |
| Between $400,000 – $450,000 | Reduces by $8 for every $100 in excess of $400,000 |
South Australian revenue office
RevenueSA fully funds and administers the first home buyers grant and South Australian first home buyer concessions, you can contact RevenueSA on (08) 8266 3750.
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