First Home Owners Grant Queensland

First Home Owners Grant Queensland

First Home Owners Grant, QLD, Australia

The Queensland First Home Owners’ Grant is a state government initiative to help first home owners to get their new first home sooner.

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).

The new $20,000 grant takes effect from July 1, 2016, and applies only to new properties under $750,000.

https://firsthomeowners.initiatives.qld.gov.au/


Older FHOG system (no longer applicable)

The First Home Owners Grant provides eligible first home buyers with a $7,000 grant.  This is a National scheme, administered by the Queensland State Government.

  • Contracts signed up to 31st December 2009
    • No Means test
    • No Property Value Restriction
  • Contracts signed on or after 1st January 2010
    • No Means test
    • Not available for properties over $750,000

Source: www.osr.qld.gov.au

0 0 votes
Article Rating
Subscribe
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x