The West Australian First Home Buyers Grant boost

As of 1 January 2017, the West Australian government’s FHOG was increased by $5000 to $15,000 for eligible buyers.

First-time home owners buying or building a new home may apply for a grant of up to $10,000.

Contracts signed between 1 January 2017 and 31 December 2017 may be eligible for an additional boost payment of $5,000.

Buyers can receive up to $15,000 towards your first home, without having to pay stamp duty.

The FHOG only applies to new residential dwellings – not established homes.

For more information about the FHOG and your eligibility, download the FHOG fact sheet.

For a contract to build a home, construction must commence within 26 weeks of entering the building contract and be completed within 18 months after construction commences.

For owner-builders, construction must be completed by 30 June 2019.

The purchase of a new home ‘off-the-plan’ will be eligible if construction is completed by 30 June 2019.

As with the old grant, the boost will be paid for homes up to the value of $750,000 (or up to $1 million if the home is located north of the 26th parallel).

The Keystart, WA government initiative also provides first-time Western Australian investors.