Changes to the First Home Loan and Grant

Changes to the First Home Loan and Grant

First Home Loans and Grants settings are changing. From 1 April 2021 the income caps will increase and the house price caps will increase in targeted areas.

By increasing the income caps from $130,000 to $150,000, approximately 9,300 additional couples and 3700 additional singles who are currently renting will now newly qualify for the First Home Loan and Grant.

First Home Loan and Grant - Factsheet -23 March.pdf

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