It is a State Government initiative that, if you are eligible as a first home buyer, is available when purchasing your first home in Queensland, known as The Queensland First Home Owners’ Grant.
The FHOG is designed to make it easier for first home buyers to enter the property market. As eligible buyers, you can have access to a grant of $15,000 towards the purchase of your first home.
The current amount, as of 1st July, 2018, is $15,000. However, if you have a contract that is signed between 1st July, 2016 and the 30th June, 2018, there is a grant of $20,000 that you may be eligible to apply for.
The Qld Government has a criteria or list of eligibility:
The Qld Government has also provided a free eligibility test. This will quickly help you determine whether you are eligible for the First Home Owners Grant.
Here is the link to the Application Form. You would use this form when you are eligible for the FHOG to buy or build your new home after 1st July 2016.
Here is some information and guidance to help you with what you need to apply for the first home owners’ grant.
Now that you have a good idea of what is required, instead of trying to navigate the mine field of getting into your first home on your own… Move forward with confidence and get the right help… Don’t hesitate to contact me today!