This term and condition is just on paper side.I had an domain not even two months old.BUt the site was so big that google did provided the account.So have a more content shown on your site and you will be approve.If you still can't get approval just search for "need google adsense account" their are plenty of guys that sells adsense account for $15 or so.
Update Finally trick worked for me. I got approved by adsense today. It took long time because domain contact details was not updated, so adsense asked to update domain contact details & re submit. I done that step & got the account. Even i didnt added any content to site. i just installed joomla from softacalous & applied for adsense
1.Create a blogspot 2.Add some articles (careful because they may be considered as SPAM) 3.Apply to AdSense throught blogger You should be accepted Regards