Real estate in the Brisbane and greater areas is hot property thanks to historic pandemic interstate migration since early 2020. Buying or selling a house in Queensland has seen an unprecedented demand for Conveyancing in the Australian state.
APPLYING FOR A FIRST HOME OWNER'S GRANT IN QUEENSLAND
HOW TO APPLY FOR A FIRST HOME OWNER'S GRANT IN QUEENSLAND
The Queensland Government offers a grant to first home buyers to purchase their first home sooner.
The grant may be from $15,000.00 to $20,000.00 however is only available if you are buying or building a new home. This home must be your first home purchase with a sale price that is less than $750,000.00.
In addition:
You must be at least 18 years of age.
You must be an Australian citizen or permanent resident (or applying with someone that is)
You or your spouse must not have previously owned property in Australia that you/they lived in.
You can buy or build a new house, unit or townhouse
It can be off the plan or you can choose to build yourself
You must be buying or building a brand new home
The value of the home including the land must be less than $750,000.
You must move into the new home as your principal place of residence within 1 year of the completed transaction and live there continuously for 6 months.
You can click on the following site to check your eligibility for the First Home Owners Grant.
FIRST HOME OWNERS GRANT ELIGIBILITY
While this guide will explain applying for a first home owner grant, and your obligations after receiving it