Quick answer: the Queensland First Home Owner Grant is $30,000 for a new home valued under $750,000, for contracts signed from 20 November 2023. You must move in within a year and live there for at least 6 continuous months. First home buyers of new homes also pay no transfer duty.
Queensland currently has one of the most generous first home grants in the country, and it stacks with a full transfer duty exemption on new homes. Here’s how it works.
What counts as a new home
- A newly built home that hasn’t been lived in or sold as a home, including off-the-plan purchases.
- A home you build under a building contract, or as an owner-builder.
- A substantially renovated home bought from the renovator, where most of the home was replaced and nobody has lived in it since.
- A detached home (such as a granny flat) built for you on a relative’s land, or a relocated or modular home not yet lived in.
Established homes don’t qualify for the grant.
Amount and price caps
| Situation | Rule |
|---|---|
| Grant amount | $30,000 (contracts from 20 November 2023) |
| Value cap | Under $750,000, including land and any contract variations |
| Home type | New, off-the-plan, substantially renovated, contract to build or owner-builder |
Who qualifies
- You’re 18 or over and buy as an individual.
- You’re an Australian citizen or permanent resident, or applying with someone who is. NZ citizens on a 444 visa with a current NZ passport count as permanent residents.
- Neither you nor your spouse has received a first home grant before, owned residential property in Australia before 1 July 2000, or lived in one you owned since then.
- Income doesn’t matter.
How long you must live there
You must move into the new home as your main residence within 1 year of completion and live there continuously for at least 6 months.
How it’s paid
Apply through your lender if you need the grant at settlement or for the first construction payment; it’s paid with your loan. Otherwise you can apply directly to the Queensland Revenue Office.
How it stacks with other help
- Transfer duty: first home buyers pay no transfer duty on a new home or vacant land to build on (from 1 May 2025, no value cap). For established homes, there’s no duty up to $700,000, reducing to $800,000. From 1 August 2026, each buyer claiming a first home concession must be an Australian citizen or permanent resident. See our Queensland stamp duty calculator and rates.
- 5% Deposit Scheme: price caps are $1,000,000 in Brisbane and regional centres and $700,000 elsewhere in Queensland.
On a $700,000 new house-and-land package, an eligible buyer could receive the $30,000 grant, pay no transfer duty, and avoid LMI with a 5% deposit through the 5% Deposit Scheme.
House-and-land packages
The $750,000 limit covers the land, the building contract and any variations combined, so keep variations in check. Our construction loan guide explains staged payments.
First home grants by state: NSW · VIC · QLD · WA · SA · TAS · ACT · NT
Common questions
How much is the First Home Owner Grant in Queensland?
$30,000 for contracts signed from 20 November 2023 to buy or build a new home valued under $750,000.
Can I get the Queensland grant on an established home?
No. There are no home owner grants for established homes, but first home buyers can get a transfer duty concession on established homes up to $800,000.
How long do I have to live in the home?
Move in within a year of completion and live there continuously for at least 6 months.
Do I pay stamp duty on a new home in Queensland as a first home buyer?
No. From 1 May 2025, eligible first home buyers pay no transfer duty on a new home or vacant land to build on, with no value cap.
Can temporary residents get the Queensland grant?
Only if applying with an Australian citizen or permanent resident. NZ citizens with a 444 visa and current NZ passport count as permanent residents.
Sources: Queensland Revenue Office, first home owner grant eligibility; 5% Deposit Scheme price caps. Checked 6 October 2026. General information only; eligibility is assessed by the state revenue office and the participating lender.
