Thursday, October 16, 2008

First Home Owners Grant (FHOG) Confusion

Looks like the recent announcement by the Federal Government to increase the FHOG from $7,000 to $14,000 has had the desired effect with an marked increase in enquiries by first home buyers.

The confusion however seems to be with the SA State Governments extra $4,000 Grant.

So to clarify, First Home Buyers in SA will get a total of $18,000 to buy their first property, or $25,000 to Construct their first property.

That's gotta please GenY!

Post courtesy of

Paul Robertson.


17 Melbourne Street
North Adelaide SA 5006

© Toop Real Estate Group

1 comment:

Adam Lyttle said...

Thanks for the clarification, I wasn't 100% sure on the exact figures.