First Home Owners Grant
Applying for the grant.
The Queensland First Home Owners’ Grant is a state government initiative to help first home owners to get their new first home sooner.
If your contract is dated 1 July 2018 or later, you can get the Queensland grant of $15,000 towards buying or building your new house, unit or townhouse (valued at less than $750,000). The grant is paid per new home; not to each of the applicants for the same home.
The grant amount has varied since it was first introduced in 2000.
Contracts dated earlier than 1 July 2018 may still be eligible for a grant.
You can buy off the plan or choose to build yourself.
To be eligible for the grant:
- You must be at least 18 years of age.
- You must be an Australian citizen or permanent resident (or applying with someone who is).
- You or your spouse must not have previously owned property in Australia that you lived in.
- You must be buying or building a brand new home.
- The value of the home including the land is less than $750,000.
- You must move into the new home as your principal place of residence within 1 year of the completed transaction and live there continuously for 6 months.
This guide will explain applying for a first home owner grant, and your obligations after receiving it.
- Find out about transfer duty concessions for homes.
- Use the transfer duty and grants estimator to find out how much duty you may have to pay and if you could be eligible for the grant.
- Learn about the differences between the grant and concessions.
- See historical grant amounts.
This article was written and published by the Queensland Government VIEW>