How much it is
$30,000 for eligible contracts signed on or after 20 November 2023 (or, for owner-builders, foundations laid on or after that date). It's $15,000 for earlier contracts. The home, including the land and any variations, must be valued under $750,000. Income doesn't affect eligibility.
What counts as a new home
- A brand new home. Never previously lived in or sold as a home, including house and land packages.
- Off the plan. A new home bought before it's built, under a single contract.
- Building your own. Through a building contract with a builder, or as an owner-builder.
- Substantially renovated. Only in limited cases, where most of the building was replaced and it's sold by a GST-registered business. Cosmetic renovations don't count.
Who is eligible
- You're 18 or older
- At least one applicant is an Australian citizen or permanent resident
- Neither you nor your spouse has received a first home owner grant in any state or territory
- Neither you nor your spouse has owned and lived in a residential property in Australia since 1 July 2000, or owned one before then. Owning an investment you never lived in may not rule you out
The residence rule
You must move in within 12 months of the transaction being completed and live there continuously for at least six months. For a purchase, that's when you take possession and the title is registered. For a build, it's when the home is ready to live in.
How and when it's paid
The fastest way to apply is through your lender, as an approved agent, as part of your loan. You can also apply directly to the Queensland Revenue Office once the transaction is complete. Payment timing depends on whether you're buying or building, so don't count on the grant for your deposit. You must apply within a year of the home being completed or your title being registered.
Combining it with other help
The grant can sit alongside the first home stamp duty concession, which means no transfer duty on a new home or vacant land, and the 5% Deposit Scheme. For a new build, that combination can save a lot. See construction loans.
Questions people ask
How much is the First Home Owner Grant in QLD?
$30,000 for eligible contracts signed on or after 20 November 2023, for a new home valued under $750,000.
Can I get the grant on an established home?
No. It's for new homes, off-the-plan purchases, builds and, in limited cases, substantially renovated homes.
Do I have to live in the home?
Yes. You must move in within 12 months of completion and live there for at least six continuous months.
When is the grant paid?
It depends on how you apply and whether you're buying or building. Applying through your lender is usually fastest.
Is there a $50,000 first home grant in Queensland?
Not as at October 2026. The Queensland First Home Owner Grant is $30,000 for eligible new homes. Check the Queensland Revenue Office for any changes.
Do first home buyers pay stamp duty in Queensland?
Eligible first home buyers pay no transfer duty on a new home or vacant land to build one, and none on an established home up to $700,000, with a partial concession up to $800,000.
