Browse Forums Building A New House 1 Jun 17, 2020 2:32 am Hi all, I've searched the forms already but haven't found an answer. In NSW, if I buy a house and land package, what is the FHOG price cap in order to get the $10k bonus? Is it $600k or $750k? I've seen a lot of conflicting sources and can't seem to find a straight answer. I thought it was 750k but I spoke to a broker and he said it was 600k lol. Any answers on your experience would be very much appreciated. Re: NSW FHOG House and Land Package Price Cap 2Jun 17, 2020 11:14 am Hi, Just looked at the RevenueNSW website: *** The grant is available for
To qualify, the purchase price of your new home must be no more than $600,000. If you’re buying land to build a new home, the total price – including the land and home – must be no more than $750,000. *** Source: https://www.revenue.nsw.gov.au/grants-schemes/first-home-buyer/new-homes Hope this helps. We're also looking at this too Very good points. Thanks so much ponzutwo for your advice. Appreciate it. 2 10316 Just to clarify, I'm not a builder I've read my own council's LEP numerous times and worked with an architect to understand my own lot size and problems. 5 1217 Hi Kristy Around $1.7-1.8m or around $4,600/sqm. if you PM me your email I will send you a break up in a spreadsheet so you can get an understanding of the costs for… 1 277 |