First Home Owner Grant in Queensland: A Comprehensive Guide

First Home Owner Grant is available to Owners Builders and for Kit Homes.
We have provided this article to start you on your journey, however please check the Qld Gov website for the latest information.

The First Home Owner Grant (FHOG) is a state government initiative in Queensland, Australia, designed to help eligible first-time home buyers towards buying or building a new home¹. This article provides a detailed overview of the eligibility criteria for the grant.

First Home Owner Grant Amount

For buying or building a new home, the grant amount is:

• $30,000 for contracts signed between 20 November 2023 and 30 June 2025 (both dates inclusive)
• $15,000 for contracts signed before 20 November 2023².

For owner-builders, the grant amount is:

• $30,000 where foundations are laid between 20 November 2023 and 30 June 2025 (both dates inclusive)
• $15,000 where foundations were laid before 20 November 2023².

First Home Owner Eligibility Criteria

Before you and any co-applicants apply for the first home owner grant, you and your spouse(s) must have an eligible transaction and meet the following criteria²:

Age

You are a natural person (an individual) aged 18 years or older. In some exceptional circumstances, the Commissioner of State Revenue may use discretion in relation to some eligibility criteria, such as if you are under 18 years of age or an application is made on behalf of a legal disability trust by a guardian².

Citizenship

You must be an Australian citizen or permanent resident (or applying with someone who is). If you are applying for the grant as a joint applicant—for example, you are not a permanent resident but your spouse is an Australian citizen—you may be eligible for the grant if you meet the other eligibility requirements².

Previous Grant Recipient

You or your spouse must not have previously received a first home owner grant in any state or territory of Australia. If you received a grant that you later paid back, together with any penalty, you may be able to reapply for the grant².

Previous First Home Ownership

You or your spouse must not have owned residential property in Australia:

• on or after 1 July 2000 that you lived in
• before 1 July 2000, whether you lived in it or not².

Investment Properties

The grant is not available to purchase investment properties. If you have owned an interest in residential property since 1 July 2000 that has been solely used for investment purposes, you may be eligible for the grant on a subsequent new property that will be your first home to live in².

Residence Requirements

You must move into your brand new home as your principal place of residence within 1 year of the completed transaction, and live there continuously for 6 months².

First Home Owner Conclusion

The First Home Owner Grant is a significant financial boost for those looking to buy or build their first home. It’s important to understand the eligibility criteria and ensure you meet them before applying. For more information, visit the Queensland Revenue Office website.

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