First Home Owner Grant – Queensland
The Queensland First Home Owner Grant is designed to help eligible first home buyers purchase or build a brand-new home.
Eligible first home buyers can currently receive a $30,000 grant when buying or building a new home in Queensland. The increased $30,000 grant now continues beyond 30 June 2026 for eligible contracts signed on or after 20 November 2023.
The total value of the new home and land must be less than $750,000, including any contract variations. A property valued at $750,000 or more does not qualify for the First Home Owner Grant. The grant does not apply to established homes.
Who May Be Eligible?
To qualify for the Queensland First Home Owner Grant, applicants generally need to meet a number of requirements, including:
- The property must be a new home that has not previously been occupied or sold as a residence.
- Applicants must generally be at least 18 years of age.
- At least one applicant must be an Australian citizen or permanent resident.
- Applicants and their spouses must satisfy the previous home ownership and previous grant requirements.
- The property must become the applicant’s principal place of residence.
- The buyer must generally move into the home within 1 year of the completed transaction and live there continuously for at least 6 months.
- There is no income test for the First Home Owner Grant.
The grant is paid once per eligible home, rather than once per applicant. All owners of the property need to be considered when determining eligibility.
First Home Owner Grant
For current eligibility requirements and information about applying for the Queensland First Home Owner Grant, visit the Queensland Revenue Office.
Queensland First Home Owner Grant – How to Apply
First Home New Home Transfer Duty Concession
The First Home Owner Grant is separate from Queensland’s transfer duty, commonly referred to as stamp duty.
This distinction is particularly important for buyers looking at new homes priced above the $750,000 First Home Owner Grant limit.
For eligible first home buyers purchasing a new home under a contract dated 1 May 2025 or later, Queensland provides a full transfer duty concession on the eligible residential home and land. There is no purchase-price cap for this concession.
This means that even if a new home costs more than $750,000 and therefore does not qualify for the $30,000 First Home Owner Grant, an eligible first home buyer may still potentially save tens of thousands of dollars in transfer duty.
For transactions entered into on or after 1 August 2026, buyers must also meet the applicable citizenship or residency requirements for Queensland home concessions.
Queensland First Home New Home Transfer Duty Concession
QRO confirms that the new-home concession can reduce transfer duty to nil for eligible buyers, while the grant has its own separate eligibility rules.
Example – $850,000 New Home
Consider an eligible first home buyer purchasing a brand-new owner-occupied home for $850,000.
An owner-occupier purchasing an $850,000 home under the standard Queensland home concession would currently pay approximately:
$24,100 in transfer duty
For an eligible first home buyer purchasing a qualifying new home, the First Home New Home Concession could reduce that transfer duty to:
$0
Potential Transfer Duty Saving: $24,100
The $850,000 property would not qualify for the $30,000 First Home Owner Grant because it exceeds the grant’s $750,000 value limit. However, the eligible buyer may still receive the full new-home transfer duty concession.
This can make purchasing a brand-new home particularly attractive for eligible first home buyers, as the transfer duty saving alone can substantially reduce the upfront costs associated with buying a property.
When to Apply for the First Home Owner Grant
For buyers purchasing a new home, applications generally need to be lodged within one year of taking possession of the property and having ownership registered on the title.
For a contract to build or an owner-builder arrangement, applications generally need to be lodged within 1 year of the new home being completed.
Using the Grant as a Deposit
The timing of payment of the First Home Owner Grant depends on the type of transaction and how the application is lodged.
For this reason, buyers should not automatically assume that the grant will be available in time to use as their property deposit.
You do not need to have paid a deposit in order to apply for the grant itself.
How to Apply
Applications for the First Home Owner Grant can generally be made:
- through an approved bank or lending institution; or
- directly through the Queensland Revenue Office.
Buyers should confirm their individual eligibility before relying on either the First Home Owner Grant or a transfer duty concession.
Important
Government grants, concessions, eligibility requirements and thresholds can change. Buyers should confirm the current requirements with the Queensland Revenue Office, their lender, solicitor or conveyancer before making a purchasing decision.