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First Home Buyer Information

First Home Owners Grant

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Information courtesy of RevenueSA

What Homes Qualify - The $7000 Grant

A new or established dwelling including a house, flat, unit, townhouse or apartment anywhere in South Australia that meets local planning standards. The dwelling must be used as your principal place of residence within 12 months of the date of settlement in the case of an established home, or for a new home, 12 months from the date construction is completed.

The contract to purchase an established home or to build a new home must be signed no earlier than 1 July 2000.

Who is eligible to receive the Grant?

A first home buyer who fulfils the criteria below:

  • at least one of the applicants must be an Australian citizen or have permanent residency in Australia.  New Zealand citizens permanently residing in Australia, who hold Special Category Visas, may also apply;
  • none of the applicants or their spouse/domestic partner can have previously owned a residential property anywhere in Australia prior to 1 July 2000;
  • for eligible transactions entered into on or after 1 January 2005, an applicant or their spouse/domestic partner cannot have purchased a property on or after 1 July 2000 and occupied that property continuously for 6 months or more;
  • for eligible transactions entered into on or after 1 January 2005, applicants must occupy the home purchased or built, as their principal place of residence for a continuous period of at least 6 months commencing within 12 months after completion of the eligible transaction;
  • except in cases of legal disability, applicants must be natural persons (that is, not a company);
  • everyone who on completion of the transaction will be an owner of the home is considered an applicant; and
  • applicant(s) must be at least the age of 18 years at the time of making application for the grant.

To see if you may be eligible to receive the First Home Owners Grant, please click here to complete the eligibility checklist