The Queensland First Home Owners’ Grant (FHOG) is a state government initiative set up to assist first home owners to buy their new first home sooner. Now aimed squarely at new build houses, the FHOG can be worth between $10,000 and $15,000 in most cases.

It’s a one-off payment for eligible first home buyers who purchase or build a residential property 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 of First Home Owner Grants vary between states and territories, so it’s important to check with your home lender when you apply for a home loan. Usually, you may be eligible if you:

- Are a permanent resident or citizen of Australia
- Have never received the grant or owned residential property
- Are the minimum age set by your state or territory
- Are buying a new or established home as an individual (not a company or trust)
- Will live in the residence for the minimum time determined by your state or territory (the grant is not available on investment properties)
- Apply for the grant within 12 months of settlement

The grant is usually paid at the time of settlement to your home lender and applied directly 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 FHOG?

To apply for the FHOG, you can:

- Lodge the application yourself through your state/territory authority
- Ask your home loan provider to lodge the application for you

Visit firsthome.gov.au for full terms and conditions