Click here to find out why Banksia Grove’s a better choice for First Home Buyers.

Banksia Grove gives first home buyers a better start with a range of competitively priced home sites. Some home sites are across from the planned primary and high school, some near the magnificent linear park which will be the centrepiece of the estate, and some are close to the planned Banksia Grove District Shopping Centre. Major medical, education, transport and shopping are only five minutes drive away.

All blocks come with a waterwise front landscaping and reticulation package and side and rear fencing along with access to Banksia Grove’s state of the art true fibre to the home telecommunications network.

First Home Owners Grant

The First Home Owners Grant (FHOG) is a government funded initiative designed to help first home buyers realise the dream of owning their own home. In short, if you are buying an established home, building a new home or purchasing a newly constructed home that has never been lived in, First Home Buyers will receive a $7,000 grant. There is a cap on the total value of the house and land of $750,000 to be eligible for the FHOG.

For more information on the First Home Owners Grant
along with eligibility criteria and answers to common questions visit
http://www.dtf.wa.gov.au/cms/osr_content.asp?ID=344

First Home Buyer Stamp Duty Concessions

In WA First Home Buyers also receive stamp duty concessions when purchasing a new or established home as follows:

Established Homes or House and Land Packages to the value of $500,000 pay no stamp duty
Established Homes and House and Land Packages over $500,000 pay a reduced stamp duty rate
Vacant land to the value of $300,000 pay no stamp duty (must have a signed builders contract)
Vacant land over $300,000 pay a reduced stamp duty rate (must have a signed builders contract)

For more information on the reduced Stamp Duty Concessions available in WA visit http://www.dtf.wa.gov.au/cms/osr_content.asp?id=2011

First Home Buyers $2,000 Assistance Account

This scheme provides a grant of up to $2,000 for the incidental expenses of first home buyers when they purchase an established or partially built home through a licensed real estate agent. The maximum purchase price criteria for the Home Buyers Assistance Account is $400,000.

The scheme is funded from interest paid on real estate agents' trust accounts. The grant can be used for - registration fees, solicitor and/or conveyancing fees, valuation fees, inspection fees, establishment fees, mortgage insurance premiums and lending institution fees associated with lodging the application.

For more information on the First Home Buyers Assistance Account visit http://www.reba.wa.gov.au/Content/Buyers_and_sellers/Homebuyers_Assistance_Account.html