First Home Owner Grant

The First Home Owner Grant (FHOG), sometimes called the First Home Buyers Grant, is a one-off, tax-free payment provided by the Tasmanian Government to assist eligible first home buyers to build or purchase a new home.

• From 1 July 2026, the grant is expected to be $20,000

The grant amount is based on the date the building contract is signed or the transaction commences.

What properties are eligible?

The FHOG only applies to new homes, including:

• Newly built houses
• Off-the-plan purchases
• House and land packages
• Kit or prefabricated homes
• Owner-builder projects

Not eligible:

• Established (existing) homes

Key eligibility requirements

To qualify for the grant, applicants must:

• Be 18 years or older
• Be an Australian citizen or permanent resident (at least one applicant)
• Be a first home buyer (must not have previously owned residential property or received the grant)
• Purchase or build the home as a principal place of residence
• Move into the home within 12 months and live in it for at least 6 months

Additional points

• The grant is paid once per eligible transaction (not per person)
• There is generally no property value cap for the FHOG itself
• It is designed to help with deposit or construction costs, reducing the upfront financial burden