•  Great Start – First Home Owners Grant

GREAT START

From July 1, 2016 The $15000 Great Start Grant will be increased to $20,000 and called the First Home Owners Grant. It is a Queensland Government initiative to help first home owners to get their new first home sooner.

This Grant is additional to the First Home Owners concessions which reduces the transfer duty applicable when purchasing a property.

The Great Start First Home Owners Grant is a great incentive for First Home Buyers – providing a substantial contribution to their dream of entering the property market.

Your very first home is just a phone call away!

Criteria

Never Owned a Property Previously

Both you and your partner must not have owned a property previously. Even if the loan and purchase is being done in a single name your partner will be required to complete the Great Start declaration.

Owner Occupier

The Great Start is for First Home Buyers who intend to live in the property. It is not to be used for investment purposes.

Australian Citizen & Permanent Resident

Either you or your partner must be an Australian Citizen or Permanent Resident to qualify for the Great Start Grant (FHOG).

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