First Home Buyers

The Queensland First Home Owners’ Grant is a state government initiative to help first home owners to get their new first home sooner.

Depending on the date of your contract, you’ll get $15,000 or $20,000 towards buying or building your new house, unit or townhouse (valued at less than $750,000).

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.

The value of the grant depends on your contract date:

$15,000 for contracts dated

October 2012 to 30 June 2016

1 July 2018 or later

$20,000 for contracts dated from 1 July 2016 to 30 June 2018.

This guide will explain applying for a first home owner grant, and your obligations after receiving it.