The First Home Owner Grant is a state government initiative that helps first home buyers to get into their first home sooner. The state government pays an amount of money to eligible first homeowners. The First Home Owner Grant in Tasmania is currently $10,000 for eligible first home buyers purchasing their new home.
An additional $10,000 to those who meet some stricter criteria between January 1, 2016 and June 30, 2017, which is a total of $20,000 Tasmania First Home Owner Grant payment. As an important tip, grants and concessions have a tendency to change at a short notice. Therefore, please make sure that you double check with your state government of what is available in your area before purchasing your first home.Continue reading