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ARTICLE · 22 NOVEMBER 2023

Queensland's First Home Owner Grant Doubled

PCL Lawyers
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The Qld government has decided to double the grant to $30,000 for eligible first-time home buyers.

AustraliaGovernment, Public Sector
Brad Mayberry
Brad Mayberry
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Today's announcement from the Queensland Government regarding the First Home Owner Grant is a substantial saving for home buyers. The government has decided to double the grant to $30,000 for eligible first-time home buyers, effective from Monday, 20 November 2023.

This initiative is a significant measure within a broader set of cost-of-living strategies aimed at assisting Queenslanders in entering the property market.

Eligibility for the First Home Owner Grant in Queensland

The eligibility for this grant is quite specific.

It applies to individuals:

  • purchasing or building a new home valued at less than $750,000, including land and any contract variations
  • over the age of 18 years or older and (not have previously owned a residential property in Australia)

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