The third and final call...

If you are buying or building your first home, you may be eligible for benefits under the

First Home Owner Grant Scheme,

$7,000 First Home Owner Grant.

NSW First NEW Home Buyers Supplement:

First home buyers in NSW who qualify for the First Home Owner Grant and are buying a newly constructed home or building their first home may be eligible for an additional $3,000 payment .

Australian Government First Home Owner Boost :

For contracts made between 14 October 2008 to 30 September 2009 (inclusive):

• first home buyers who purchase established homes will receive a boost of $7,000 that will double the grant to $14,000

• first home buyers who build a new home or purchase a newly constructed home will receive an extra $14,000 to take their grant to $21,000.

For contracts made between 1 October 2009 to 31 December 2009 (inclusive):

• first home buyers who purchase established homes will receive a boost of $3,500 that will take their grant to $10,500

• first home buyers who build a new home or purchase a newly constructed home will receive an extra $7,000 to take their grant to $14,000.

First Home Plus Scheme.

The NSW First Home Plus Scheme provides generous exemptions or concessions on transfer duty for eligible first home buyers. This includes vacant land on which you intend to build your first home.

The Schemes were established to assist eligible first home owners by offering a total benefit of up to $41,990 on a new home purchased before Sept 30th 2009