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First Home Owner Grant – What You Need To Know

The Queensland first home owners’ grant provides first-time home buyers an extra bit of help to get into the market sooner.

If eligible, you’ll get $30,000 towards buying or building your new home. The Queensland grant covers new houses, units and townhouses—you can even buy off the plan or choose to build yourself.

Do You Qualify?

Eligibility Criteria 

To apply for the First Home Buyers Grant, home buyers must be:  

  • You (and any co-applicants for the grant) are a natural person (an individual) aged 18 years or older.  
  • You or your spouse must not have owned residential property in Australia:
  • You must be an Australian citizen or permanent resident (or applying with someone who is).
  • If you are applying for the grant as a joint applicant—for example, you are not a permanent resident but your spouse is an Australian citizen—you may be eligible for the grant if you meet the other eligibility requirements.
  • The grant is not available to purchase investment properties*.
  • You must move into your brand new home as your principal place of residence within 1 year of the completed transaction, and live there continuously for 6 months.
  • You must be buying or building a new home valued less than $750,000 (including land and any contract variations).
  • House, unit, duplex or townhouse; or a granny flat built on a relative’s land*

Disqualifying Arrangements

Even if you meet the eligibility criteria, there are some circumstances that may stop you from getting the grant. For example:

  • You enter into an arrangement to circumvent limitations on, or requirements affecting, eligibility or entitlement to the grant
  • You enter into an arrangement with the sole purpose of obtaining the grant, rather than acquiring a home
  • You buy or build your new home with financial help from a related person (who is not eligible for the grant) who will also stay in the home often or for long periods of time, and the Commissioner is not satisfied there are genuine family reasons for the related person to occupy the home. (Money borrowed from a bank or lending institution is not considered to be financial help.)
  • If there is a disqualifying arrangement, we will not pay the grant. If the grant has already been paid, you will have to repay it.

Eligible Transactions

You must be buying or building a new home valued less than $750,000 (including land and any contract variations).

The home:

New Home

new home is a brand new dwelling that has not been previously occupied as a place of residence or sold as a place of residence.

You do not have a contract to purchase a new home (including off-the-plan purchases or substantial renovations) if you have both a land purchase contract and a building contract.

The grant may be available for homes that have been moved from one site to another, as long as the home has not been occupied since being fixed to the new site (including kit homes, manufactured homes).

When To Apply

You must apply and provide supporting documents for the grant within the following timeframes:

  • Buying your home—you must apply within 1 year of taking possession of the new home and your title being registered.
  • Contract to build—you must apply within 1 year of the new home being completed; for instance, the final inspection certificate being issued.
  • Owner–builder—you must apply within 1 year of the new home being completed; for instance, the final inspection certificate being issued.

In special cases, these periods may be extended. If you’re applying outside the application period, you must include a written statement explaining your circumstances.

How To Apply

There are 2 ways to submit an application:

  • through an approved agent (i.e. bank or lending institution)
  • to Queensland Revenue Office.

Ask your Bank or Broker For More Information

Or you can

Or you can

Want more information on Government Grants available to get you into your first home sooner?  Come to our Kickstart Event in Aura on the Sunshine Coast.

Eligible Home and Land Packages

House
Home & Land $535,000

Limited Availability . Don't Delay!

Lot 7022 Tarcutta Lane, NIRIMBA QLD 4551
3
2
1
127
88
House
H&L $549,647

Calling all first-home buyers, new investors and downsizers

Lot 1060 New Road, BANYA QLD 4551
2
1
1
114
251
House
Under Offer

3 Bed 2 Car Living, On The River

Lot 49 River Cove Circuit, MURRUMBA DOWNS QLD 4503
3
2
2
150
House
Under Offer

Desirable Park Fronting!

Lot 7070 Tarcutta Lane, NIRIMBA QLD 4551
3
2
2
157
House
Under Offer

No Body Corporate!

Lot 7191 Yarra Way, NIRIMBA QLD 4551
3
2
1
125
115
House
Under Offer

Enter the property market now!

New Lot New Lane, NIRIMBA QLD 4551
3
2
1
125
115
House
Under Offer

First home buyers and investors

Lot 7184 New Lane, NIRIMBA QLD 4551
2
2
1
107
99
House
Under Offer

No Body Corporate and Low Maintenance - Luxury Terrace Living

Lot 7183 New Lane, NIRIMBA QLD 4551
3
2
1
136
98
House
$589,900 first home buyer and investor ready

Not many left at this price

Lot 4043 New Road, CARSELDINE QLD 4034
2
2
1
133
76
House
$662,900 Inspired living

Sustainably designed community

Lot 4037 New Road, CARSELDINE QLD 4034
2
2
1
152
94
Other
H&L $599,000

$30K FHBG Eligible!

Lot 80 River Cove Circuit, Castle Hill, MURRUMBA DOWNS QLD 4503
2
1
1
107
House
$638,073 Priced for frst home buyers and investors

First home buyer eligible

Lot 31 Mountain View Estate, GLASS HOUSE MOUNTAINS QLD 4518
3
2
2
150
300
House
Under Offer

Great first home! or investment...

Lot 7192 New Lane, NIRIMBA QLD 4551
2
1
1
117
100
House
Under Offer

Sustainably designed community

Lot 7169 New Road, NIRIMBA QLD 4551
3
2
2
155
197
House
Under Offer

We'll pay your rent while you build

Lot 7180 New Lane, NIRIMBA QLD 4551
2
2
1
118
100
House
Under Offer

Land registered, start building now!

Lot 8614 Bellthorpe Lane, BANYA QLD 4551
3
1
1
125
115

The information provided in this article is for general informational purposes only and should not be considered as financial advice. The author(s) and the publisher of this article are not licensed financial advisors or registered investment advisors, and the content should not be interpreted as personalised financial advice.

The content of this article is based on the author(s)’ opinions and research at the time of writing and is subject to change without notice. It may not reflect the most current financial developments or investment strategies. You should not rely solely on the information provided in this article for making financial decisions.

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