First Home Buyers
Buying your first home? We’ll guide you through it.​
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Buying your first home is an exciting milestone, but it can also feel overwhelming. For most people, it is the biggest financial decision they have made, and the legal process can seem confusing at first.
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At Innova Legal, we guide first home buyers through every step of the transaction, from contract review through to settlement. Our goal is to make the process smooth, clear and stress-free, so you can focus on moving into your new home.
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We will also help you understand and apply for any benefits you may be entitled to, including stamp duty exemptions, concessions, and first home buyer grants.
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Before signing any contract, it is important to obtain legal advice. We will explain your obligations, answer your questions, and ensure you fully understand the process before you commit.
Are you a first home buyer looking to get in the market?
Book a FREE consultation today
First Home Owner Grant
Eligible first home buyers may qualify for a $10,000 First Home Owner Grant, which can help reduce the upfront cost of purchasing your first property.
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The grant generally applies when you are buying or building a new home, including newly built houses, townhouses, apartments, off-the-plan properties, or substantially renovated homes.
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To qualify, you must:
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Be purchasing or building your first home
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Buy a new or substantially renovated property
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Move into the property within 12 months of completion or settlement
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Live in the home as your principal place of residence for at least 12 continuous months.
At Innova Legal, we help first home buyers understand their eligibility and assist with the grant application as part of the conveyancing process.
Stamp Duty Concession and/or Exemption
Eligible first home buyers in NSW may receive a stamp duty exemption or concession, which can significantly reduce the upfront cost of purchasing a property.
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To qualify, you must:
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Be purchasing your first home in Australia
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Buy a property with a value of less than $1 million
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Move into the property within 12 months of settlement or completion
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Live in the home as your principal place of residence for at least 12 continuous months
At Innova Legal, we help first home buyers understand their eligibility and ensure the correct exemptions or concessions are applied as part of the conveyancing process.
First home buyer benefits are subject to strict eligibility criteria, conditions and exceptions. We recommend contacting our office to discuss your circumstances and obtain tailored advice. We will assess your eligibility and, where applicable, prepare the required documents and submit the application on your behalf.