New home

First home owner grant

A new home is either:

• a home that has never been
  • occupied as a place of residence
  • sold as a place of residence
• or
• a substantially renovated home (completed by the seller in limited circumstances).

From 1 December 2020, a home acquired under a ‘builders’ terms arrangement’ may also be a new home—see Public Ruling FHOGA006.2.