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Older FHOG system (no longer applicable)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. Â 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