Established, new home or off the plan – the greater of the consideration for the contract to purchase or the unencumbered value.The total value of a transaction is determined by the type of transaction. See the first home owner rate of duty fact sheet for more information. North of the 26th parallel – value of land and building is up to $1,000,000.Įstablished homes must not exceed the dutiable value thresholds.All Perth metropolitan areas are south of the 26th parallel. South of the 26th parallel – value of land and building is up to $750,000.The cap on the total value of the home and land varies depending on where the home is located.Ĭontract to build, new home or off-the-plan: The value of your transaction may affect your eligibility for the grant or first home owner rate of duty. The completion date is the date the building is ready for occupation as a place of residence. The commencement date is the date building commences, that is, when the foundation is laid. This is an eligible transaction if building work on the home began on or after 1 July 2000. The completion date is the date the building is ready for occupation as a place of residence, usually when the builder hands over the keys to the owner.
The completion date is the date the purchaser becomes entitled to possession of the home, usually the date of settlement. The commencement date is the date the contract is made. This is an eligible transaction if the contract was entered into on or after 1 July 2000. See the Lodgement Guide for evidence you must provide about the transaction when applying for the grant. Your eligibility and when you should apply is determined by the type of transaction. You must apply for the grant within 12 months of the completion date. If you own the home as a trustee, it must be held on trust for a person with a legal disability.Ĭontact Landgate if you are unsure about whether you have previously owned property. A relevant interest may include a right of occupancy. You must hold a relevant interest (ownership) in the land on which the home is situated and must own the home in your own capacity. You must occupy the home as your principal place of residence for a continuous period of at least six months commencing within 12 months of settlement if purchasing a home, or within 12 months from the date of completion if building a home. owned residential property anywhere in Australia on or after 1 July 2000 and occupied that property as a place of residence for a continuous period of at least six months that began on or after 1 July 2004.owned residential property anywhere in Australia on or after 1 July 2000 and occupied that property as a place of residence before 1 July 2004.owned residential property anywhere in Australia before 1 July 2000.previously received the grant or first home owner rate of duty from any jurisdiction in Australia.If you're under 18, you may be able to apply for an exemption from the age requirement.Īt least one applicant must be an Australian citizen or a permanent resident at the time of making application.Īpplicants and/or their spouses or de facto partners cannot have You must be 18 years or over at the time of making application. The grant is not means-tested so your income will not affect your eligibility for the grant. See the Lodgement Guide for evidence you must provide about the applicants when applying for the grant. Facilities, fleet and equipment management.Building, utilities and essential services.
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