What grants and concessions can I receive in Brisbane?

Any general questions you might have in regards to loans and finance.
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Otto Dargan
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Location: Sydney, Australia
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Re: What grants and concessions can I receive in Brisbane?

Post by Otto Dargan »

Hello Zimmer. Welcome to the forums.

You can get an estimate of the grant with the help of our First Home Owners Grant (FHOG) Calculator. Our calculator is designed to help you get an idea of your eligibility for government benefits such as grants and stamp duty exemptions.

The amount of the grant and the eligibility requirements can change on a regular basis and can vary from state to state so it's essential you check the Queensland Government site. 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).

However, you can claim the first home concession in the stamp duty in Queensland if:
  • you should be a first home buyer.
  • the property value is $550,000 or less.
  • Your contract date is on or after 30 June 2016,
  • At least one of the purchasers uses the property as their home and satisfies the residence requirement.
For instance, if the property value if $58,000 then you will have to pay $11,950 for stamp duty. Use our stamp duty calculator to find out how much you could save off stamp duty with a concession from the Treasury.

To confirm about the location and the amount, we strongly recommend that you visit your state government’s website or call their first home buyer hotline to confirm the benefits you will receive.

Please call us on 1300 889 743 and find out more about the applicable costs and the benefits you’ll receive while purchasing the property in Queensland.

Cheers,
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

User avatar
Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
Contact:

Re: What grants and concessions can I receive in Brisbane?

Post by Otto Dargan »

Hi Zimmer,

You are required to provide these documents to apply for FHOG:
Contract of Sale
  • All states and territories require applicants to submit a copy of the contract of sale with every application.
  • Your solicitor or conveyancer may help you obtain a copy of your contract of sale.
Identification
If you are an Australian citizen:
  • Australian birth certificate issued by Registry of Births, Deaths & Marriages, OR
  • Australian citizenship certificate, OR
  • Australian passport
Additional supporting documents
You may also require additional certified documents in the following situations:
  • Married - a certified copy of your marriage certificate,
  • Divorced - a certified copy of your divorce certificate,
  • Widowed - a certified copy of the death certificate of your spouse/ partner,
  • Separated - You require a statutory declaration with the following information:
  • The name of your former spouse/ partner and date of birth,
  • The date you were married or commenced your domestic relationship,
  • The date you separated,
  • Your former spouse/ partner’s current address (if known), and
  • A statement to the effect that you do not love together and have no intention of resuming cohabitation.
  • If you have changed your name - a certificate of the change of name certificate.
Check out ourfirst home owner home loans page if you would like to know more. Also, we can be reached on 1300 889 743 or you can fill in our free assessment form to see if you qualify for a loan or not.

Cheers,
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

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