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.
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,