The Queensland First Home Owners Grant (FHOG) is an exceptional chance for first-time home buyers to step into the property market with a $30,000 boost. Available for contracts signed between 20 November 2023 and 30 June 2025, this grant can be used for buying or building a new home valued under $750,000. With rising demand for quality housing, now is the perfect time to take advantage of this opportunity!
Grant Eligibility at a Glance
To qualify for the FHOG in Queensland:
- Purchase or build a new home for under $750,000.
- Use the property as your primary residence for at least six months within the first year of ownership.
- Ensure that neither you nor your spouse has previously owned property in Australia as a primary residence.
Additionally, the grant is available for off-the-plan purchases and substantially renovated properties—meaning homes where foundational work or structural floors have been replaced. For more detailed eligibility requirements, visit the Queensland Revenue Office.
Make a Stronger Offer with Finance Support
At Amber Werchon, we know that putting forth your best offer is crucial, whether you’re buying a property with us or elsewhere. To support this, we offer access to experienced finance specialists who provide cost-free, obligation-free guidance on your financing options. Our specialists help ensure that your financial conditions and loan are optimised for success, giving you an edge over other buyers in a competitive market.
Frequently Asked Questions About the FHOG
How Much is the FHOG in QLD? The grant is currently valued at $30,000, but your land and build costs must fall under $750,000 to be eligible.
Can I Count the FHOG Toward My Deposit? While technically possible, it’s not advisable to rely solely on the FHOG for your deposit. Timing of grant payment varies based on whether you’re building or buying a completed property. If needed, a guarantor can provide additional loan security, enabling you to avoid a deposit altogether.
Eligibility Requirements for the FHOG Beyond the financial criteria, applicants must:
- Be at least 18 years old,
- Be Australian citizens, permanent residents, or applying with an eligible person,
- Never have owned residential property post-July 1, 2000, that they have lived in or, if purchased before that date, lived in or not.
Ready to Apply? Here’s How We Can Guide You
Applying for the First Home Owners Grant is straightforward, but the process is smoother with an expert to help you navigate. Our finance team guides you through the paperwork and keeps you informed on state grant eligibility, loan options, and maximising your purchasing power. With our people-focused approach, we aim to make every step as seamless as possible.
Why Now is the Perfect Time to Buy
Queensland’s current grant amount, combined with its time-limited availability, makes now an ideal time to enter the property market. For young professionals, growing families, and first-time buyers, this grant reduces the upfront costs and brings your homeownership dream within reach. By locking in the $30,000 grant before June 30, 2025, you set yourself up for financial success and establish a foothold in one of Australia’s most desirable locations.
Let Us Help You Secure Your Dream Home
At Amber Werchon, we understand that buying your first home is more than a financial transaction—it’s a meaningful milestone. Our team specialises in aligning property goals with real-world budgets and lifestyles, creating an experience that goes beyond the sale. We’re invested in ensuring that you feel confident, supported, and ready to embark on your new journey.
To learn more or start the application process, reach out to us today and see how we can help you make the most of the Queensland First Home Owners Grant and secure your future in the property market.