Looking to build your first home here in Perth? Perhaps you’ve already heard about the First Home Buyers Grant, another term for the FHOG or First Home Owners Grant, but don’t know much about it yet. To put it simply, the FHOG is a government-supported funding programme intended to help first time home buyers enter the market by covering a portion of the costs. The programme is designed to counteract the effects of the Goods and Services Tax (GST), which buyers have to pay regardless of whether their homes are previously owned or newly built.
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Building a New Home in Perth: Overview of the First Home Buyers Grant
Monday, October 19, 2015
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