For first time home buyers, understanding government grants and incentives is an important part of your home ownership journey.  BUT you should not limit your property search to fit into the criteria to qualify for one.

In this episode, we explore the various options available to help you get started. With each state offering different schemes, it can be confusing to know which ones you’re eligible for and how to apply. That’s why we’re breaking it all down for you, state by state.

Join us as we talk about these essential grants and incentives, and understand how they can impact your home-buying process. We discuss the differences in each state’s programs, what you need to qualify, and tips for managing the application process covering the latest updates and changes to these programs, so you stay informed and prepared.

Tune in to learn how to ask the right questions of your advisors so you can understand which grants and incentives you qualify for while keeping all of your options open.

Episode Highlights:

00:00 - Introduction

02:11 - Meighan’s special house of the week

04:57 - First home owner’s grant

06:04 - First home guarantee

08:05 - Family home guarantee

09:33 - State-by-state breakdown: New South Wales

14:03 - State-by-state breakdown: Victoria

16:59 - State-by-state breakdown: Queensland

19:53 - State-by-state breakdown: Australian Capital Territory

21:56 - State-by-state breakdown: Western Australia

25:10 - State-by-state breakdown: Northern Territory

Resources mentioned in this episode:

• Revenue NSW https://www.revenue.nsw.gov.au/
• State Revenue Office Victoria https://www.sro.vic.gov.au/
• Queensland Revenue Office https://qro.qld.gov.au/
• ACT Revenue Office https://www.revenue.act.gov.au/
• Revenue Online WA https://apps.osr.wa.gov.au/portal/0/home
• Northern Territory Revenue Office https://treasury.nt.gov.au/dtf/territory-revenue-office

Resources:

• FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse
• Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers
• Visit our website https://www.homebuyeracademy.com.au/
• Join our Facebook Group to get access to free monthly live Q&A sessions
• https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia
• Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG
• If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast support@homebuyeracademy.com.au
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
• Work with Meighan: https://www.linkedin.com/in/meighanwells/

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

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