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Could the First Home Owner Grant help you purchase Bunbury real estate?

By Kevin Kelly

If you're a first time buyer interested in purchasing real estate in Bunbury, have you considered whether you might be able to receive a grant from the government? The First Home Owner Grant (FHOG) could be perfect for anyone looking for a little bit of extra help towards their home goals. 

The FHOG in Western Australia can help potential buyers by providing $10,000 towards building or purchasing a new home, or $3,000 towards buying an established home. This funding can be sought for properties with a value up to $750,000 and can be a major financial aid for first time buyers across the state. 

A new home is constituted as a property that has never had anyone occupy it prior to the grant recipient moving into the space, or a home that has seen major renovations undertaken to the point where the property is substantially different from it's original form. 

Furthermore, applicants must be over 18 years old and may not have applied for the FHOG before anywhere in Australia. This is to keep the system fair and working for home buyers.

For help finding the perfect first home, and more information about the grant, get in touch with Ray White Bunbury today.

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