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QLD First Home Owner Grant 2026: How Much You Get and How to Apply

Sep 8, 2025

Published

09/11/2026

Updated

Go Mortgage Blog, Blog

It’s a generous payment, but it only covers new homes, and it usually arrives at settlement, not before. Below you’ll find the amounts, the eligibility rules, how to apply and a worked example for a new Gold Coast home.

Quick Answer

  • Amount: $30,000 for contracts signed on or after 20 November 2023.
  • New homes only: house and land packages, contracts to build and off-the-plan purchases can qualify. Established homes can’t.
  • Limits: the home must be valued under $750,000, including land and any contract variations. Your income doesn’t matter.
  • Stamp duty: first home buyers pay no transfer duty on a new home, and there’s no price cap on that concession.
  • Deposit: don’t count on the grant as your deposit. It’s paid at settlement or first drawdown, depending on how you buy.

How Much is the QLD First Home Owners Grant?

  • $30,000 if your contract was signed on or after 20 November 2023. For owner-builders, it’s the date the foundations were laid.

The grant is paid per new home, not per person, so a couple buying together shares one payment.

Who is Eligible For the First Home Owner Grant in QLD?

To claim the QLD first home owner grant, you and your spouse both need to pass the tests below. QRO counts married partners, de facto partners of two years or more, and registered partners as spouses.

  • First home buyer: neither of you has received a first home owner grant anywhere in Australia, and neither has owned residential property you lived in on or after 1 July 2000. Before that date, owning any residential property rules you out.
  • Age and residency: you’re a person (not a company or trust) aged 18 or over, and an Australian citizen or permanent resident, or you’re applying with someone who is.
  • Living in the home: you move in within 1 year of the completed transaction and live there continuously for 6 months.
  • Value: the new home is worth less than $750,000, including land and any contract variations.
  • Income: there’s no income test.

If you’ve only ever owned an investment property you never lived in, you may still qualify. You’ll need records such as leases and tax returns to prove it.

What Counts As a New Home?

QRO defines a new home as one that hasn’t been previously occupied or sold as a place of residence. A substantially renovated home can also count, but only in limited cases where a GST-registered seller did the work. Established homes get no grant.

Three types of purchase can qualify.

1. House and land packages

If you sign a land contract and a separate building contract, QRO treats the purchase as a contract to build. You need to be the registered owner of the land before the home is finished. Choosing a design from the developer’s range doesn’t change that.

2. Contracts to build

You need a comprehensive home-building contract in which one builder takes the job from laying the foundations to a home that’s ready to occupy. If you carve out essential work, such as kitchen benchtops installed by someone else, QRO may treat it as an owner-builder job instead.

3. Off-the-plan purchases

An off-the-plan purchase is a single contract to buy a new home and an interest in a proposed lot on an unregistered plan. A unit in a block that hasn’t been strata-titled yet is a classic example. Separate land and building contracts don’t count as off-the-plan.

One trap: a brand-new unit that’s been sold on by someone who bought it as a residence is not eligible, even if nobody ever lived in it.

Other Help For QLD First Home Buyers

The QLD first home owners grant is the main cash payment, but it sits alongside three other forms of support. The first home owner grant in QLD isn’t affected by taking up the national or state schemes.

So, what grants are available for first home buyers in QLD? The $30,000 first home owner grant is the state’s main grant, and it only applies to new homes. The rest of the help comes in the form of stamp duty relief, a federal deposit scheme, and a shared equity program.

Stamp duty concessions

The First Home Guarantee scheme

Help to Buy Scheme

The Australian Government’s Help to Buy Scheme is another option for eligible first home buyers looking to enter the property market with a smaller deposit. Through this shared equity initiative, the government contributes up to 40% of the purchase price for a new home or 30% for an existing home, helping reduce the amount buyers need to borrow.

Eligible buyers can purchase a property with a deposit as low as 2%, without paying lenders mortgage insurance (LMI). There are no interest or rental payments on the government’s equity contribution while you live in the property. Instead, the government retains an ownership share, which you can buy back over time or repay when you sell the property.

To qualify, applicants must meet certain requirements, including income thresholds, property price caps and first home buyer eligibility criteria. You’ll also need to apply through a participating lender.

A grant you may still see on older pages

Example: What a Gold Coast First Home Buyer Could Get

Take a couple buying their first home together. They sign a single contract for a brand-new Gold Coast townhouse at $720,000, and they’ll move in straight after settlement. These figures are illustrative only.

ItemAmount
Purchase price$720,000
Deposit at 5% (5% Deposit Scheme, no LMI)$36,000
Loan at 95%$684,000
First home owner grant$30,000
Transfer duty with the new home concession$0
Duty on an existing home at the same price (first home concession)$4,370

The price sits $30,000 under the grant’s $750,000 limit and well inside the $1,000,000 scheme cap. The $4,370 comes from QRO’s rates: duty of $18,250 at the home concession rate, less the $13,880 first home concession for a $720,000 purchase. Buying new brings that to nil.

So the couple gets $30,000 in grant money and saves $4,370 in duty compared with an existing home at the same price. A 5% deposit also means they need $36,000 instead of the $144,000 a 20% deposit would take, which is $108,000 less to save.

There’s a catch. The $36,000 still has to be ready, because the grant is paid at settlement. They’ll also need cash for legal fees, inspections and lender costs.

Can You Use the QLD First Home Owners Grant As Your Deposit?

Not reliably. It’s best not to rely on the grant as a deposit, because the timing changes with how and when you apply:

  • Buying a new home through a lender: paid at settlement.
  • Contract to build through a lender: paid on the first drawdown of funds.
  • Applying directly to QRO: paid once the home is complete and you’ve lodged all your documents.

How To Apply For the First Home Buyer Grant in QLD

  1. Through an approved agent: this is usually your bank or lender. They confirm your eligibility and lodge the application with your loan.
  2. Directly with QRO: apply online at firsthome.gov.au. You can’t apply until the transaction is complete and you’ve got all the documents ready.

There’s a deadline. If you’re buying, apply within one year of taking possession and registering your title. If you’re building, apply within 1 year of the home’s completion.

When the 1st Home Buyers Grant QLD is paid

Payment follows the timing in the table above. QRO aims to process applications in “lodged” status within 10 working days, but this can take longer if documents are missing.

Once it’s paid, you have obligations. If you can’t move in or stay for six months, tell QRO within 14 days. You may have to repay the grant, and there are penalties for not telling them.

How Go Mortgage Helps You Claim It

Many banks and lenders on QRO’s list of approved agents will lodge your grant application alongside your loan. That’s why the lender matters. We’ll check that the lender we match you with can handle the grant, and whether it offers the 5% Deposit Scheme, since only participating lenders do.

FAQs

What grants are available for first home buyers in QLD?

The main one is the QLD first home owners grant: $30,000 for eligible contracts to buy or build a new home valued under $750,000. Queensland also offers a full stamp duty concession on new homes, Boost to Buy shared equity, and the federal 5% Deposit Scheme, but those aren’t cash grants.

Do QLD first home buyers pay stamp duty?

Not on a new home. First home buyers get a full transfer duty concession with no price cap for contracts entered into on or after 1 May 2025. On an existing home, no duty is payable at $700,000 or less, and the concession phases out and ends at $800,000.

How much deposit do you need with the first home owners grant?

The grant isn’t a deposit, so you still need your lender’s minimum. That’s 5% under the 5% Deposit Scheme, 2% under Boost to Buy, or usually 20% to avoid LMI otherwise. The grant is paid at settlement or first drawdown, which is after your deposit is due.

What is a 5% deposit on a $600000 house?

It’s $30,000, and your loan would be $570,000. If it’s an existing home, you won’t get the grant, but no stamp duty would be payable at that price for a first home buyer. Legal fees, inspections and lender costs are extra.

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