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.

More information

• 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>