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From 1 July 2016 the Great Start Grant became known as the Queensland First Home Owners’ Grant.
The Queensland Government also announced a one-off, 12-month boost of $5,000 to the grant, which since 1 July 2016, is now worth $20,000.
Get into your first home sooner
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). You can even buy off the plan or choose to build yourself. It’s a great opportunity to buy or build a new home in Queensaland's great state.
How a Queensland First Home Owners' Grant can help you.
If you're thinking of buying or building a new home, this could be what gets you started. It could get you something more than you were expecting. It can get you into your first home sooner.
(Note: The $20,000 Queensland First Home Owners' Grant is not available to contracts that replace previous contracts entered into before 1 July 2016).
To be eligible for the grant:
~ You must be an Australian citizen or permanent resident (or applying with someone who is).
~ You or your spouse must not have previously owned property in Australia.
~ You must be at least 18 years of age.
~ You must be buying or building a brand new home, valued under $750,000.
The Queensland First Home Owners' Grant is administered under the First Home Owner Grant Act 2000.