The first home owner grant (FHOG) is a one-off payment to encourage and assist first home buyers to buy or build a new residential property for use as their principal place of residence.
The grant is $10,000 or the consideration paid to buy or build the house if less than that amount.
Only one grant is payable per eligible transaction, so two people purchasing a house together may only receive one grant.
The first home owner grant is different to the Australian Government's First Home Guarantee scheme. See information about the First Home Guarantee.