First Home Owner Grant Queensland: Building Your First Home

Building your first home is a big step, and if you’re planning to build in Queensland, you may be eligible for the $30,000 Queensland First Home Owner Grant.

The First Home Owner Grant is a Queensland Government initiative designed to help eligible first home buyers buy or build a new home. If you’re building, the grant could help make the move from renting to owning your first home more achievable.

How much is the Queensland First Home Owner Grant?

Eligible first home buyers may receive a $30,000 grant when buying or building a new home in Queensland.

For a new home to qualify, the total value of the home and land must be less than $750,000, including contract variations.

Who is eligible for the First Home Owner Grant?

Eligibility depends on your individual circumstances, but generally you must:

• Be at least 18 years old.
• Be an Australian citizen or permanent resident, or be applying jointly with someone who is.
• Be buying or building a new home in Queensland.
• Meet the Queensland Government’s requirements relating to previous property ownership and previous First Home Owner Grants.
• Ensure the total value of the home and land is less than $750,000, including contract variations.
• Move into the home as your principal place of residence within the required timeframe.
• Live in the home continuously for at least six months.

There are additional eligibility requirements, particularly if you or your spouse have previously owned residential property, so it is important to check your circumstances directly with the Queensland Revenue Office.

What counts as a new home?

The First Home Owner Grant is available for eligible new homes, rather than established properties.

Generally, a new home is one that has not previously been occupied or sold as a place of residence. Certain substantially renovated homes may also qualify under Queensland Government rules.

If you’re building a new home, your building contract will also need to meet the requirements of the grant.

Can I get the First Home Owner Grant if I’m building?

Yes. The grant isn’t limited to people purchasing a completed new home.

If you purchase land and enter into a contract to build your first home, you may be eligible provided you and the property meet the relevant requirements.

For a contracted build, the Queensland Revenue Office generally requires a comprehensive home building contract. This means the builder undertakes to build the home from the laying of the foundations through to the point where the home is ready for occupation.

The value of the land and home, including contract variations, must remain below the applicable $750,000 threshold.

When do I need to move into my new home?

To receive the grant, the property needs to become your principal place of residence.

Generally, you must move into the home within one year of the completed eligible transaction and live there continuously for at least six months.

Different circumstances can affect these requirements, so always check the current Queensland Revenue Office eligibility criteria before making financial or purchasing decisions.

Building your first home with Azura Building Group

At Azura Building Group, we don’t sell homes, we build them.

Whether you’ve already found your block of land or you’re exploring house and land opportunities, our team can help you understand your building options and find a home design that works for your lifestyle and budget.

We offer a range of home designs and building options across Queensland, including opportunities designed with first home buyers in mind.

If you’re considering building your first home, talk to our team about what’s possible.

Ready to explore your first home?

Explore our home designs and house and land opportunities, or get in touch with the Azura Building Group team to start the conversation.

Check your eligibility

The First Home Owner Grant is administered by the Queensland Government, not Azura Building Group. Eligibility depends on your individual circumstances and government requirements may change.

Before entering into a contract or making a financial decision, check the current requirements directly with the Queensland Revenue Office.

Queensland Revenue Office resources:

First Home Owner Grant
https://qro.qld.gov.au/property-concessions-grants/first-home-grant/

First Home Owner Grant eligibility
https://qro.qld.gov.au/property-concessions-grants/first-home-grant/eligibility/

First Home Owner Grant eligibility tester
https://qro.qld.gov.au/property-concessions-grants/first-home-grant/tester/

Information is general in nature and is not financial, legal or eligibility advice. Grant amounts, thresholds and eligibility requirements are determined by the Queensland Government and may change. Please refer to the Queensland Revenue Office for current information and advice regarding your individual circumstances.