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QLD first home buyers

QLD First Home Owner Grant

The Queensland First Home Owner Grant is a one-off payment from the state government to people buying or building their first home, and it is available only for new homes that have never been lived in.

The payment sits alongside separate transfer duty relief, and the two schemes turn on details that regularly trip up first time buyers, from contract structure to move-in deadlines. Your Mortgage Broker Sarina works through both with buyers around Sarina. This page covers the current amounts, every eligibility test, the local picture, and how to apply.

A family celebrating on the lawn in front of their new house

What It Is Worth Right Now

The amount most people remember is out of date. Contracts signed before 20 November 2023 attracted $15,000, and from that date forward an eligible new home attracts $30,000. The Queensland Revenue Office material current to the June 2026 State Budget records no change to either the amount or the value cap, which requires the home and land together to be worth less than $750,000. Both figures sit on the QRO eligibility page, and they are worth checking at the source, because the old $15,000 figure still circulates on pages that were never updated after the increase.

Who Qualifies

Six tests decide eligibility, and missing any one of them ends the application, so every one of them is worth testing before the contract is signed:

Applicant type

You must be a natural person aged 18 or over. Companies and trusts cannot apply, and neither can anyone buying through either structure.

Citizenship

At least one applicant must be an Australian citizen or permanent resident, or you must apply jointly with one. A New Zealand citizen on a special category visa with a current NZ passport counts as a permanent resident.

Property history

Neither you nor your spouse can have owned residential property anywhere in Australia on or after 1 July 2000, or owned and lived in one before that date.

A new home only

The home must never have been occupied or sold as a place of residence. A substantially renovated home can qualify, but only where the seller completed the renovation in the limited circumstances the QRO defines.

The value test

Home and land together must come in under $750,000, including any contract variations. For a build, the contract price plus the land's unencumbered value at the contract date is what counts.

Occupancy

Move in within one year of completion and live there continuously for six months. The Commissioner's discretion to waive this applies only in exceptional circumstances.
Keys being placed into an open hand above a model house

Which Properties It Covers

The property type test trips more applications than any other, so here is the entire question laid out in one table:

Property type Grant eligible? What the QRO eligibility page says
New home, never lived in Yes Can be a house, unit, duplex or townhouse, including off-the-plan
Substantially renovated Sometimes Only where the seller completed the renovation in limited circumstances, cosmetic work does not count
Contract to build Yes Requires a comprehensive home building contract, value tested as contract price plus land
Owner-builder Yes Grant amount depends on when the foundations were laid
Established home No The QRO states there are no home owner grants for established homes

Why The Rule Bites Here

Statewide guides make the grant sound like a cheque waiting for any first home buyer. Around Sarina the binding constraint is different, and it changes where you should even be looking:

Established Homes Set The Tone

Nine in ten dwellings in Sarina are separate houses, and overwhelmingly established ones, which is most of what is for sale on any given weekend. The grant walks straight past that stock. Buyers who want the money are hunting for something most local streets do not contain.

New Supply Runs Thin

Approval figures tell the story plainly: 159 dwellings approved across the suburb in five years against 1,948 existing dwellings, with just 31 approvals in 2021-22. That is a slow trickle into a fixed stock. Eligible new homes do exist around Sarina, but they are scattered and they move quickly.

The Cap Rarely Bites

Nothing in the local numbers suggests price is the binding constraint here. Few local builds approach the cap, so the real question is not whether a Sarina build fits under it but whether the transaction has been structured as a genuine new-home purchase or contract-to-build deal.

Where That Leaves Your Search

You are choosing between two paths: an established house, which gets no grant but can still claim duty relief, or a new build or house-and-land package, which gets the grant if the paperwork holds. Our first home buyer loans page covers the deposit side of both, because with a median household income of $1,605 a week and a median mortgage repayment of $1,733 a month locally, the decision deserves proper arithmetic.

How It Stacks With Duty Relief

The grant is one of two schemes running on the same purchase, and the second one is the part most buyers have never heard of:

New home stacking

A new home valued under $750,000 can attract the $30,000 grant and the first home transfer duty concession on the one transaction. The schemes are assessed separately, but neither cancels the other out.

Established homes, duty only

An established home gets no grant at any price, yet the duty concession still applies to established homes under $800,000. For agreements entered into on or after 9 June 2024, no transfer duty is payable at all on a home valued at $700,000 or under, with a reduced concession through the $700,001 to $799,999 band.

Above the ceiling

Above $800,000 only the standard home concession applies, which the QRO lists at a maximum of $24,525.

Different occupancy clocks

The grant wants you moved in within a year of completion for six continuous months. The duty concession wants you living there daily within a year of settlement, a deadline that cannot be extended.

Renting part of the home

For leases starting on or after 10 September 2024, the duty concession allows renting out part of the home, provided you keep living there yourself.

One citizenship wrinkle

From 1 August 2026, duty concession applicants must be an Australian citizen, permanent resident or specified foreign retiree, and trusts and companies generally cannot claim.

Vacant land runs separately

A first home vacant land concession exists with its own thresholds, which the duty concession page covers rather than this one.

How it works

How To Apply And When Money Arrives

Payment timing is where this grant quietly differs from most government money, and choosing the right lodgement route can pull the payment forward by months:

  1. 1

    Apply Through Your Lender

    Lodging through an approved agent, which in practice means your bank or lender, is the fastest route. For a straightforward purchase the agent generally claims the grant at settlement, so the payment lands with the keys rather than months later.

  2. 2

    Applying Direct To QRO

    Lodging directly with the Queensland Revenue Office is slower, because nothing is paid until the home is complete and every supporting document has been supplied. It suits buyers who can carry the purchase without the money; most cannot.

  3. 3

    Builds Pay After Completion

    A contract to build, or an owner-builder project, is not paid until completion, on the final inspection certificate or certificate of occupancy. Since most construction loans release funds on a matching progress schedule, the two timelines are worth lining up early.

  4. 4

    Mind The Payment Deadline

    You have one year from taking possession and title registration to apply for a purchase, or one year from completion for a build. The QRO application page sets out the paperwork, and the deadline is enforced strictly.

Worth knowing early

What Gets An Application Knocked Back

Every refusal on this list was avoidable at contract stage, which is exactly when fixing it costs nothing:

  • The established home trap Buyers sign on an established home and assume it qualifies. It never does, at any price.
  • Landing on the cap A contract value at or over $750,000 is a hard cutoff. The grant is refused in full, not reduced, and contract variations count toward the total.
  • The split house-and-land deal A package written as a land contract plus a separate building contract is a contract-to-build transaction, so the value test includes the land from day one.
  • Land bought years ago Land purchased earlier that has since risen in value can quietly push a build over the cap, because the unencumbered value at the contract date is what counts.
  • The incomplete building contract A contract that leaves out benchtops, electrical work or other finishes is not comprehensive, and it fails the contract-to-build test entirely.
  • Occupancy slips Moving in later than one year after completion, or leaving before six continuous months, forfeits the grant. Only exceptional circumstances move the Commissioner.
  • History and structure problems Prior residential ownership anywhere in Australia by you or a spouse, or applying through a company or trust, ends the application.

Where we work

Areas We Service

Grant eligibility questions do not stop at the town boundary. Your Mortgage Broker Sarina works with first home buyers right across the district, including Grasstree Beach, Freshwater Point, Koumala and Sarina Range, and the same two questions apply everywhere: is the home genuinely new, and does the contract structure satisfy the value test.

Questions answered

Frequently Asked Questions

How much is the QLD First Home Owner Grant worth?

The grant pays $30,000 for eligible new home contracts signed on or after 20 November 2023, up from $15,000 for earlier contracts, figures the QRO eligibility page confirms alongside owner-builder rules.

Can I get the grant on an established home?

No. The Queensland Revenue Office states plainly that there are no home owner grants for established homes, whatever the price. An established purchase can still attract the separate first home transfer duty concession if it qualifies.

What is the property price cap for the grant?

The home and land together must be worth less than $750,000, including any contract variations. At $750,000 or more the grant is refused outright rather than reduced, and build contracts add the land's unencumbered value to the contract price.

Do I have to live in the property to keep the grant?

Yes. You must move in within one year of completion and live there continuously for six months, or the grant can be reclaimed. The Commissioner's discretion to extend this applies only in exceptional circumstances.

Is the grant different from stamp duty relief?

Yes, they are separate schemes. The grant covers new homes only, while the duty concession applies to established or new homes and removes duty entirely below $700,000. An eligible new purchase can claim both.

How long does the grant take to arrive?

Applying through an approved agent, meaning a bank or lender, is fastest, generally paid at settlement for a purchase. Applying directly to the QRO delays payment until the home is complete and all documents are supplied.


Mortgage broker for Sarina and the suburbs around it

Get In Touch

Before you commit to anything, get the grant and duty position checked against the actual property. Call (07) 3523 7116 and you will deal with one named broker, Your Mortgage Broker Sarina, who will walk both schemes through against your numbers, with every fee or commission disclosed in writing first. More on how the brokerage operates sits on the About page, and if an established purchase turns out to suit you better than chasing the grant, that is exactly what you will be told.

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