Understanding Queensland’s First Home Owners’ Grant in 2017/18
Are you dreaming of your first home? With the Queensland Government’s increased First Home Owners’ Grant, your dream could soon become your reality. The First Home Owner’s Grant, an initiative from the Queensland Government, could help you to buy your first home sooner. Depending on the contract date, you may be eligible to receive $15,000 to $20,000 towards buying or building your first home. The First Home Owner’s Grant is available for eligible transactions dated on or after 1 July 2016, but is only on offer until 30 June 2018 . If you are thinking of buying or building a new home, this one-off payment of $20,000 will help you get started. You can even buy off the plan, or choose to build yourself. However, the First Home Owners’ Grant is not available to everyone and certain criteria must be met in order to benefit from this initiative. Am I eligible? To be eligible to receive the First Home Owners’ Grant: You, or the person you are applying with, must be an Australian c...