Updated residence requirements and payment amounts for the First Home Owner Grant

[no bill text published] Updated residence requirements and payment amounts for the First Home Owner Grant

First Home Owner Grant Amendment (Extension of Scheme) Bill 2025

2025-10-21: Passed and signed off by the state Governor (Assented); it is now law.

Assembly

If this bill passes, it means that:

The residence requirement deadline for First Home Owner Grant applicants moves from 2025 to 2026.

Grant recipients get $50,000 if their transaction starts between 1 October 2025 and 1 October 2026.

Grant recipients get $10,000 if their transaction starts on or after 1 October 2026.