Are You Eligible for the First Home Buyer's Grant?

The Federal Government has a grant available to first-home buyers of $7000 to go towards the purchase of their first property.   The rules that govern how the grant is administered are slightly different for each state – this page focuses on the rules in Queensland.

How to qualify for the grant:

You may qualify for the First Home Buyers Grant if…

• Your application is made within 12 months of completion of construction or settlement of the home
• You (or a joint applicant) are either an Australian Citizen or a permanent resident.
• You are buying or building your first property as a person, not as a company or trust
• You or your spouse have never previously owned an interest in land in Australia that had a residence on it prior to July 1, 2000.
• You or your spouse have never owned and occupied a home after July 1, 2000
• Neither you nor your spouse have claimed this grant previously
• Entering into a building, in the case of owner-builders, must have occurred on or after July 1, 2000
• An eligible home must be located in Australia and be a new or established house, home unit, flat or other type of self-contained fixed dwelling that lawfully can be used as a place of residence.
• An eligible home must be occupied by you as your principal place of residence within 12 months of construction of the home.
• Joint applicants are restricted to a single application for a single property and only one payment of $7000 will be made.

For up-to-date information on the First Home Owners Grant in Queensland, visit the Queenland Government Website.