Queensland’s First Home Owners Grant Now $30,000

Owning your own home is the great Australian dream. For some the ever-increasing cost of living has made that dream a little harder to get their foot in the property market.

The Queensland Government has doubled its First Home Owners Grant (FHOG) to $30,000.

Here’s all the info.

What is the First Home Owner Grant QLD?

FHOG is a Government initiative gives eligible first-time home buyers $30,000 towards buying or building a new home in Queensland, helping them to get into the market sooner.

The increase of the grant to $30,000 through 30 June 2025 is a significant advancement in alleviating the financial burdens faced by many prospective home buyers.

The Queensland Government stated there’s no denying just how important this increase really is and underlining its purpose as a vital cost-of-living measure.

Details

The increase in the homeowner grant amount is effective immediately for new builds valued up to $750,000. It covers a wide range of housing types, including houses, units, duplexes, townhouses, modular homes, and even granny flats. This financial boost is designed to help those facing challenges in entering the property market.

This announcement comes off the back of recent statistics that show Queensland's home-ownership rates among young adults have dropped off significantly. While many established home owners have the capacity to buy an investment property, it’s the younger generation who are struggling to find an established home within their budget.

In 1971, around 53% of Queenslanders aged 25–29 owned their homes, whereas only 35% were able to do so in 2021. The biggest factors contributing to this decline include surging property prices and increased cost-of-living pressures.

Eligibility

To be eligible for the First Home Owner Grant, you will need to pass certain criteria, including but not limited to:

• Being a first-time homebuyer.
• Purchasing or building a brand new home at or below $750,000.
• Intending to occupy the property as a principal place of residence (i.e. not as an investment or on someone else’s behalf).
• Being an Australian citizen or a permanent resident.

Can My Partner Get the First Home Buyer Grant in QLD

In cases involving couples or joint applicants, eligibility extends to both partners if neither has previously owned a home.

This means it’s easier than ever for couples to buy their first property together. 

Application Process

First-time homebuyers can apply for the grant by following a simple step-by-step application process available through the Queensland Revenue Office (QRO). First you will need to check the eligibility criteria. It’s also recommended you go through their eligibility tester to save you some time in case you aren’t eligible for the grant.

If you are eligible, you can apply in one of two ways: through an approved agent like a bank or other lending institution, or directly to the QRO. The former is a much faster way to get your application processed, as approved agents can confirm your eligibility and manage your application while you focus on saving money for your deposit.

If you’re applying online, you will need to follow the outlined steps and provide all supporting documentation.

Note that the grant isn’t paid out until the home is completed.

Other Schemes I may be eligible for in QLD

QLD First Home Vacant Land Concession

If you buy vacant land on which to build your first home, you might get a concession to reduce the transfer (stamp) duty. See the obligations and how to apply.

You can claim a first home vacant land concession for transfer (stamp) duty when acquiring vacant land to build your first home, if you meet certain requirements.

The first home vacant land concession only applies to vacant land valued under $500,000 and can save you up to $10,675.

Family Home Guarantee

Supporting eligible single parents or eligible single legal guardians of at least one dependent to buy a home sooner.

The Family Home Guarantee (FHG) is part of the Home Guarantee Scheme (HGS), an Australian Government initiative to support eligible single parents or eligible single legal guardians of at least one dependent to buy a home sooner.

It is administered by Housing Australia on behalf of the Australian Government.  Click here for more information.

At DRHomes, we’re committed to assisting new home owners achieve their dreams.

If you haven’t decided on a house design, check out or Homestarter Plus range, specifically curated for first home owners and those on a budget. 

All our homes are move in ready from the beginning.

Written by

K Layet

Marketing & Communications Executive