The Queensland First Home Owners’ Grant is a state government initiative to help first home owners to get their new first home sooner. $25,000.00 of which is the Federal Government Grant, and $15,000.00 is the State Government Grant. Both included are to recieve the $40,000.00 total.
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.