Queensland

Queensland First Home Owners' Grant

The Queensland First Home Owners' Grant is a state government initiative designed to help first home buyers enter the property market. The grant provides eligible applicants with $15,000 towards buying or building a new house, unit or townhouse (valued at less than $750,000) that they will live in. To be eligible for the grant:

• 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.
• You must be an Australian citizen or permanent resident (or applying with someone who is).
• You or your spouse must not have previously owned residential property in Australia on or after 1 July 2000 that you lived in, or before 1 July 2000, whether you lived in it or not.
• You must be at least 18 years of age.
• You must be buying or building a brand new home or an established home that has undergone substantial renovations, valued under $750,000 (including land).
• Each applicant must be an individual and not a company or trust.
• You must not have previously received a first home owner grant in any state or territory of Australia.

More Information:

https://www.qld.gov.au/housing/buying-owning-home/financial-help-concessions/qld-first-home-grant