Can the NSW First Home Owner Grant (New Homes) scheme be used for OTP apartments?

Brizza · 5th Feb, 2015

Mick C · 5th Feb, 2015

Yes....as long as you meet ALL of the grants eligibility.

Brizza · 5th Feb, 2015

Cheers Mick C

Redom · 6th Feb, 2015

Brizza said:
Can the NSW First Home Owner Grant (New Homes) scheme be used for OTP apartments?

Yep, the grant is claimed at settlement. If i recall correctly, the stamp duty exemption happens a couple weeks after exchange.

unloadmymind · 7th Feb, 2015

Redom said:
Yep, the grant is claimed at settlement. If i recall correctly, the stamp duty exemption happens a couple weeks after exchange.

Yeah must lodge the Stamp Duty exemption application ASAP after exchange of contracts.

Mick C · 7th Feb, 2015

S/duty done within 6 month

Colin Rice · 7th Feb, 2015

WA FHOG suitable for OTP as well, currently 10k paid at settlement.