In Queensland, the State Government provides financial assistance to first home buyers who are buying or building a new house, unit or townhouse through the First Home Owners’ Grant.
To be eligible for The First Home Grant, you must:
The grant is only available for the purchase or construction of a new house, unit or townhouse that is valued at less than $750k. Speak to one of our mortgage brokers in Cairns today to find out more.
To get the grant, you need to submit a formal application in the approved form through the Office of State Revenue. Our mortgage brokers can assist you with the application process.
The Grant can only be used to contribute to the cost of the purchase or construction of a new house, unit or townhouse.
The timeframe for payment will vary depending on the type of purchase you’re making (e.g. buying an established new home, buying off-the-plan, or building your home).
Our mortgage brokers in Cairns can help you check your eligibility for the First Home Owners’ Grant, and assist you with the application process. Contact us to find out more.
Buying a home can be a daunting process, especially when there are so many things to consider like:
If you would like to know the answers to these questions download our guide.