First home buyers grant.

The first home owner grant gives eligible first-time home buyers $15,000 or $30,000 towards buying or building a new home in Queensland.

This one-off payment is available to eligible first home buyers who purchase or build a home to live in—you can buy off the plan or choose to build yourself.

How does it work?

The grant amount, eligibility criteria, and payment details vary between states and territories, so it's important to check with your home lender when applying for a home loan. Typically, you may be eligible if you:

• Are an Australian citizen or permanent resident (or applying with someone who is).

• Have never received the grant or owned residential property

• Meet the minimum age requirement set by your state or territory

• Are purchasing or building a home as an individual (not a company or trust)

• Intend to live in the residence for the minimum period required by your state or territory (the grant is not available for investment properties)

• Apply for the grant within 12 months of settlement

• Buy or build a new home valued less than $750,000 (including land and any contract variations).

The grant is usually paid at the time of settlement directly to your home lender and applied to your home loan. If you are building a home, the grant will be approved when your first loan repayment is due.

How do I apply for the FHOG?

To apply for the FHOG, you can:

• Lodge the application through your state or territory authority

• Ask your home loan provider to submit the application for you

For full terms and conditions, visit firsthome.gov.au.