FIRST HOME BUYER'S GRANT

For purchases made on after 1st July 2016, the QLD government will be offering eligible First Home Buyers and one-off grant of up to $20,000.

What makes a person eligible for the grant?
It’s important to know that only first home buyers who purchase properties which are brand new or substantially renovated (essentially complete structural change and refurbishment) will be eligible for the grant.

As stated on the official QLD Government FHB website.

For the $20,000 grant, an eligible transaction is one of the following:

• a contract made on or after 1 July 2016 for the purchase of a new home in Queensland (including purchases of substantially renovated and off-the-plan homes)
• a comprehensive home building contract made on or after 1 July 2016 by the owner of the land in Queensland or a person who will, on completion of the contract, be the owner of land in Queensland on which the new home will be built
• the building of a new home in Queensland by the owner-builder where the foundations are laid on or after 1 July 2016.

If you’re still unsure whether you will be eligible, please get in touch with us today and we’ll be able to explain the First Home Owner’s Grant in more detail. Simply complete the form on the right and a member of the team will contact you as soon as possible.