APPROVED GOVERNMENT GRANT
FIRST HOME BUYERS RECEIVE
AVAILABLE BETWEEN JUNE 4TH 2020 - DECEMBER 31ST 2020
NOT A FIRST HOME BUYER? BUILD NEW, RECEIVE 25K!
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.
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. You might also qualify for the Regional home building boost grant and the HomeBuilder grant.
To see if you’re eligible or to find out more about the queensland first home owners’ grant
Our First Home-buyers Kit provides all the necessary information you need to buy & build your first home. From planning finances, working out your budgets, to choosing the ideal location, Family First has you covered.