First Home Owners Grant Information
Buying your first home can be a bit daunting, but we will be able to assist you to make the process as easy and smooth as possible.
Financial lenders will be able, by using our loan qualifier software, to tell you how much are you able to borrow and provide you with different loan options. We can put you in touch with the right lenders with the best rates.
Here are some hints and tips
- In QLD, a “First Home Buyers Grant” of $15k is available for first home owners who are purchasing a brand new property or purchasing land to construct their first home. We can assist you with applying for this grant.
- If you are buying land to construct your first home, the “First Home Buyers Grant” will be released to borrowers during the slab stage (first construction stage), not on land settlement.
- In QLD, first home buyers are exempt from stamp duty when they purchase established property priced up to $500k or for land purchase priced up to $250k.
- Purchasing your first home at auction has a different procedure than purchasing through a private sale.
Please feel free to contact us to know if you are eligible for the first home buyers grant and to know more about the difference of signing a contract in auction sale and private sale.