About the Grant
A great start. A great opportunity to get into your first home.
In September 2012, the Queensland Government introduced a grant of $15,000 for first home buyers.
The Queensland Government’s First Home Owner’s [Construction] Grant.
You’ll get $15,000 towards building your new house, unit or townhouse (valued at less than $750,000). It’s a great opportunity to buy or build a new home in our great state.
How a $15,000 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
Note: The Grant is administered under the First Home Owner Grant Act 2000.
To get you off to a great start you will need to confirm both your eligibility as a first home owner and whether the property you are buying is eligible too.
Anyone who will own any part of your new home must be included on the application. Only one grant is payable per new home and you only need one application for your new home, regardless of the number of applicants.
Your application must be:
- signed by all applicants
- completed in full
- accompanied by supporting documentation
In order to determine whether or not you are eligible for the grant, you may be asked for additional information.
There are penalties for giving false or misleading information.
Once your application is submitted, the Office of State Revenue will process most applications within 10 working days of receiving all the required information. If you apply through an approved bank or lending institution, you may get the grant sooner.
Conditions and penalties
In some cases, they may pay the grant before you move into your new first home.
However, as a condition of the grant, you must tell the Office of State Revenue and repay the grant if you do not:
- complete the transaction of buying or building your new home
- move into the new home within 1 year of becoming the registered owner
- live in the new home for a continuous period of 6 months
There are penalties if you don’t tell the Office of State Revenue within 14 days of finding out that you are unable to meet these conditions.
For more information click here.
Federal Government HomeBuilder Grant
HomeBuilder is a time-limited grant program to help the residential construction market to bounce back
from the Coronavirus crisis.
HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to
build a new home or substantially renovate an existing home where the contract is signed between
4 June 2020 and 31 December 2020. Construction must commence within three months of the contract
HomeBuilder will complement existing State and Territory First Home Owner Grant programs, stamp duty
concessions and other grant schemes, as well as the Commonwealth’s First Home Loan Deposit Scheme
and First Home Super Saver Scheme.
To access HomeBuilder, owner-occupiers must meet the following eligibility criteria:
• you are a natural person (not a company or trust);
• you are aged 18 years or older;
• you are an Australian citizen;
• you meet one of the following two income caps:
$125,000 per annum for an individual applicant based on your 2018-19 tax return or later; or
$200,000 per annum for a couple based on both 2018-19 tax returns or later;
• you enter into a building contract between 4 June 2020 and 31 December 2020 to either:
build a new home as a principal place of residence, where the property value does not exceed
substantially renovate your existing home as a principal place of residence, where the
renovation contract is between $150,000 and $750,000, and where the value of your existing
property does not exceed $1.5 million;
• construction must commence within three months of the contract date.