What Is The First Home Owners Grant (FHOG) In Australia?
The First Home Owners Grant was introduced in 2000 to offset the effects of the GST on first home buyers.
The first home owner grant is a government initiative to help first home owners to get their new first home sooner.
The grant is useful for paying costs like stamp duties, legal fees and title searches, or adding to your deposit.
How Much Is The First Home Owners Grant In QLD?
From 20 November 2023, eligible first-home buyers can get $30,000 as a First Home Owners Grant for buying or building a new home.
The grant covers new houses, units and townhouses – you can even buy off the plan.
The $30,000 grant is available until 30 June 2025.
Do I Qualify For The FHOG In Queensland?
Our First Home Owners Grant (FHOG) calculator is designed to work out which government benefits such as grants and stamp duty exemptions that you may be eligible for.
Please note that we’ve assumed that you’ve met standard first home buyer criteria.
What Are The Eligibility Criteria For The First Home Owners Grant In QLD?
Several criteria need to be met to be eligible for the First Home Owners Grant in Queensland.
Requirements for the applicant:
- You (and any co-applicants) are at least 18 years old.
- You are an Australian citizen or permanent resident (or applying with someone who is).
- You should not have previously received a first home owner grant in any state or territory unless you subsequently repaid it.
Requirements for the property and transaction:
- The home must be a brand new, or established home that has undergone substantial renovations before you bought the house.
- The home you are buying or constructing must be new and valued less than $750,000 (including land).
- The home you are purchasing is a kit home or manufactured home that has been moved to a new site but has not been occupied after the move.
First Home Owner Grant spouse requirements:
- If you are not a PR, but your spouse is an Australian citizen—you may be eligible for the grant as a joint applicant if you meet the other eligibility requirements.
- You or your spouse should not have previously received a first home owner grant in any state or territory of Australia. However, if you had received a grant that you later paid back, together with any penalty, you may be able to reapply.
How Do I Apply For The First Home Owners Grant In QLD?
You can apply for the Queensland First Home Owners Grant through two methods:
Banks and lending institutions
If you require the grant funds for settlement or want to receive it quickly, it is best to
Do You Need Help?
We can help you with the First Home Owners Grant application if you provide us with the supporting documents while ensuring that your grant is approved and paid promptly.
Please call us on 1300 889 743 or enquire online and one of our mortgage brokers will call you back to discuss your options.
Frequently Asked Questions (FAQs)
Are there additional grants and schemes for first home buyers in Queensland?
As a first home buyer, you will be eligible to apply for the following concessions, as long as you meet the requirements.
- A $25,000 HomeBuilder grant, if you build a new home, buy a new home, or substantially renovate an existing home.
- A $5,000 Regional Home Building Boost Grant, if you purchase or construct a new house, townhouse or a unit valued at less than $750,000.
- A First Home Concession with an exemption of stamp duty for a first home buyer while buying new or existing property purchases under $550,000.
- A First Home Vacant Land Concession, for transfer duty when acquiring vacant land under $400,000 to build your first home.
Can I use the First Home Owners Grant as the deposit?
How long does it take for a First Home Owners Grant QLD application to process?
What if I am unable to stay in the property and would prefer to rent out my property?
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