I am wanting to purchase a home through the first home super saver scheme. I recall there being a limit to the taxable income you and your partner have (if I recall, $120k for singles and $200k for couples) and for property values (differ depending on the area) but I now cannot find information on it. Do these requirements still apply or has there been a change?
Hi @cab0888,
Perhaps you’re getting confused with a local government grant rather than the first home super saver scheme, (FHSS).
The good news is, when we look at the eligibility criteria, we don’t talk about income or location. What we do talk about is your age, your intent in occupying the property as soon as practical, you’re a first home buyer of property in Australia and you haven’t made a FHSS release request before.
We’ve some fantastic information on our website you can read up on that goes into detail about the eligibility and conditions. It’s also a good idea to check out FHSS – the essentials to help you in fulfilling your homeownership dream.
Hi @cab0888,
Perhaps you’re getting confused with a local government grant rather than the first home super saver scheme, (FHSS).
The good news is, when we look at the eligibility criteria, we don’t talk about income or location. What we do talk about is your age, your intent in occupying the property as soon as practical, you’re a first home buyer of property in Australia and you haven’t made a FHSS release request before.
We’ve some fantastic information on our website you can read up on that goes into detail about the eligibility and conditions. It’s also a good idea to check out FHSS – the essentials to help you in fulfilling your homeownership dream.
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