The Queensland First Home Owners' Grant has been boosted to $20,000, but only until 30 June 2017.
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 even buy off the plan or choose to build yourself. It’s a great opportunity to buy or build a new home in our great state.
How a Queensland First Home Owners' Grant can help you
If you're thinking of buying or building a new home, this could be what gets you started.
It could get you something more than you were expecting.
It can get you into your first home sooner.
The $20,000 Queensland First Home Owners' Grant is not available to contracts that replace previous contracts entered into before 1 July 2016.
To be eligible for the grant:
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.
You must be at least 18 years of age.
You must be buying or building a brand new home, valued under $750,000.