From 1 July 2017, the First Home Owner Grant Cap for new home purchases is $600,000; for a property where you enter into a contract to build, or are an owner builder the total value cannot exceed $750,000.

Please note that there is an eligibility requirement for this scheme.

For further information on the scheme and how to apply, please visit the NSW Office for State Revenue website www.osr.nsw.gov.au.

Leave a Reply

Your email address will not be published.