Now, first-time homebuyers can benefit from a substantial $30,000 boost towards the purchase of their new home. This enhancement, effective from November 20, 2023, to June 30, 2025, is our commitment to making homeownership dreams a reality for more Queenslanders.
Eligibility: Your Pathway to Homeownership
To qualify for this enhanced grant, your property must be a new home valued at less than $750,000, inclusive of land and any contract variations. Whether you’re purchasing a newly built home, investing in an off-the-plan property, or undertaking a contract to build, our grant is here to support you every step of the way.
Navigating Eligibility: Your FAQs Answered
- Am I eligible for the First Home Owner Grant?
If you’re an individual aged 18 or older, an Australian citizen or permanent resident, and a first-time homebuyer who hasn’t previously received a grant in any Australian state or territory, you’re on the right track. Additionally, you must intend to live in your new home as your principal place of residence for at least six consecutive months within one year of settlement or completion.
- How do I apply for the grant?
Applying is simple! You can choose to go through an approved agent, such as your bank, or apply directly through the Queensland Revenue Office. Opting for an approved agent ensures a faster application process.
- When will I receive the grant payment?
The timeline for payment depends on your chosen application method and the type of property transaction. Generally, payments are made at settlement for home purchases, at the first fund drawdown for contracts to build, and upon receiving the final inspection certificate for owner-builder projects.
Your Journey to Homeownership Starts Here
We’re dedicated to supporting you on your journey to homeownership. With our enhanced First Home Owner Grant, achieving your dream of owning a home in Queensland has never been more attainable. Take the first step today and let us help you turn your homeownership dreams into reality.