Mozo guides

First Home Owner Grant Queensland

By Jack Dona ·
Fact Checked
Advertiser disclosure

On this page:

A trio of funky new townhouses in a suburban street

If you live in Queensland and are looking to buy or build a brand-new home, then the First Home Owner's Grant (FHOG) could be the helping hand you need. 

The grant is open to first-time buyers and is a one-off payment that can help you with the costs of buying your first property. 

How much is the First Home Owner Grant in QLD?

In Queensland, the First Home Owner Grant is worth $30,000 (for contracts signed/foundations laid between 20 November 2023 and 30 June 2025). 

If you bought or began construction before 20 November 2023, then the grant you may be entitled to is worth $15,000.

A map of Queensland with details about the First Home Owner Grant

Who is eligible for the First Home Owner Grant in QLD?

You can get the $30,000 First Home Owner Grant in Queensland if the new property you're buying, or building, is valued at less than $750,000. 

The grant is paid per new home, but each individual involved with the purchasing of the house needs to meet certain requirements for eligibility:

  • Must be at least 18 years of age
  • Be an Australian citizen or permanent resident (or applying with someone who is)
  • You or your buying partner must not have previously owned property in Australia that was your primary residence before 1 July 2000
  • New home and land is less than $750,000
  • Intend to move to the house as your main place of residence within 1 year of completing the transaction
  • Must be living there continuously for 6 months.

How to apply for the first home owner’s grant in QLD?

Applying for the grant is simple as long as you do it within one year of your title on the home being registered or within one year of the constructions’ completion date.

To submit the application your home loan lender can lodge your application on your behalf, or you can opt to do it with the Queensland Revenue Office (by post or email).

What other grants or schemes are available in QLD?

Stamp duty relief

  • A transfer duty exemption for homes valued up to $550,000 
  • A transfer duty exemption for vacant land valued up to $400,000.

Regional home building boost grant

  • A $5,000 grant for those purchasing or constructing a brand-new home in regional Queensland. 

How do I apply for the first home owners grant in other states or territories?

Home loan comparisons on Mozo - last updated 24 April 2024

Search promoted home loans below or do a full Mozo database search. Advertiser disclosure
  • Featured Product
    Mozo Expert Choice Badge
    Unloan Variable

    Owner Occupier, LVR <80%

    interest rate
    comparison rate
    Initial monthly repayment
    5.99% p.a. variable
    5.90% p.a.

    Built by CommBank, the Unloan is the first home loan with an increasing discount (conditions apply) for borrowers. No application or banking fees. No monthly account keeping or early exit fees. Apply online in minutes.

    Compare
    Go to site
    Details
  • Mozo Expert Choice Badge
    Express Home Loan

    Owner Occupier, Principal & Interest, LVR <90%

    interest rate
    comparison rate
    Initial monthly repayment
    6.01% p.a. variable
    6.14% p.a.

    Get fast online approval from the award-winning Bendigo Bank Express Home Loan. Multiple offset accounts and redraw available. 100% offset on variable rate loans and partial offset on fixed rate. Flexible repayment options. New home loans only.

    Compare
    Go to site
    Details
  • Discounted Home Value Loan

    Owner Occupier, Principal & Interest, LVR 70-80%

    interest rate
    comparison rate
    Initial monthly repayment
    6.09% p.a. variable
    6.09% p.a.

    Enjoy competitive rates for owner occupiers. Enjoy unlimited free extra repayments. Flexibility to redraw additional payments for free. No ongoing monthly service fee. Settlement fee waived on new borrowings from $50,000 (T&Cs apply).

    Compare
    Details
  • Basic Home Loan

    Fixed, Investment, Interest Only, LVR <70%

    interest rate
    comparison rate
    Initial monthly repayment
    6.49% p.a.
    fixed 2 years
    6.56% p.a.

    Compare
    Go to site
    Details
  • Featured Product
    Mozo Expert Choice Badge
    Unloan Variable

    Investment, LVR <80%

    interest rate
    comparison rate
    Initial monthly repayment
    6.29% p.a. variable
    6.20% p.a.

    Built by CommBank, the Unloan is the first home loan with an increasing discount (conditions apply) for investors. No application or banking fees. No monthly account keeping or early exit fees. Apply online in minutes.

    Compare
    Go to site
    Details
  • Fixed Rate

    Owner Occupier, Principal & Interest, <80% LVR

    interest rate
    comparison rate
    Initial monthly repayment
    6.54% p.a.
    fixed 2 years
    7.10% p.a.

    Enjoy up to $3000 cashback for eligible first home buyers and $2000 cashback for refinancers on eligible home loans with the ANZ Fixed Rate Home Loan. Get the security of repayment certainty with a competitive locked in rate. No ongoing fees to pay. Offset account on 1-year fixed loans ($10/month fee applies). Interest-only payments allowed.

    Compare
    Details
Jack Dona
Jack Dona
RG146
Money writer

Jack is RG146 Generic Knowledge certified, with a Bachelor of Communications in Creative Writing from UTS, and uses his creative flair to cut through the financial jargon and make home loans, insurance and banking interesting. His reader-first approach to creating content and his passion for financial literacy means he always looks for innovative ways to explain personal finance. Jack's research and explanations have been featured in government publications, and his work is regularly featured alongside major publications in Google's Top Stories for Insurance.

* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home Loan Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.