First Home Owner Grant (FHOG) QLD

The FHOG in QLD is worth $30,000 however conditions apply. To be eligible, your land and your build must be valued below a total of $750,000. The FHOG in QLD is available if you buy off the plan, but you may also be eligible for the FHOG if you buy an established home that has been substantially renovated. This means all, or most, of the building has been removed or replaced. As a guide, substantial renovations include replacing or altering foundations or replacing or altering floors. 

To be eligible for the First Home Owners Grant, you must: 

• Be at least 18 years old 
• Be an Australian citizen or permanent resident, or applying with someone who is 
• Not have previously received an equivalent grant in another state or territory 
• Not have owned a residential property after 1 July 2000 that you have lived in, or  before 1 July 2000, whether lived in or not 

Applying for the First Home Owner Grant is easy, and your Mortgage Choice broker can guide you through the paperwork.  

While it is possible, the Queensland Government does not recommend counting on using the $30,000 as part of a deposit. This is because the grant can be paid at different times depending on whether you are building or buying, as well as how and when you apply.  

If you are wanting to avoid paying a deposit altogether then you should consider finding a guarantor. They can help provide security for your loan.   

There are many different ways you can go about buying your first home. The best way is to get in touch with a mortgage broker, who can show you the state grants that you're eligible for and can help with your home loan application. Check out our Steps to Buying your First Home for more information on how to buy your first home.