First home buyers are generally eligible for the QLD FHOG if they meet the following eligibility criteria:

• You are at least 18 years of age;
• You are an Australian citizen or permanent resident (or you are applying with someone who is an Australian citizen or permanent resident);
• You are building or buying a ‘new‘ home;
• The value of the home is under $750,000;
• You or your other joint applicant(s) have not previously owned property in Australia; and
• You move into the home as your principal place of residence within 1 year of completing the transaction and remain in the home for a continuous period of 6 months

A ‘new’ home is a house, apartment, unit or townhouse that:

• Has not been previously occupied as a place of residence;
• Has not been previously sold as a place of residence; or,
• Is a ‘substantially renovated’ home

To find out the requirements to be classified as a ‘substantially renovated’ home please visit the Queensland Government first home owners website.

To search for a home that meets the ‘new’ criteria visit FHBA New Homes.

Generally speaking, when you buy property, you need to pay a state tax known as transfer duty (or stamp duty).

However, as a first home buyer, you will likely be able to claim a first home transfer duty concession if you:

• Have never held an interest in residential land anywhere in the world;
• Have never claimed the first home vacant land concession before;
• Are buying a home (new or established) valued less than $550,000
• Will live in the home as your principal place of residence
• Are at least 18 years of age (though the Government may waive this requirement in special circumstances).

No transfer duty is payable where the home value is less then $505,000 (ie you will receive a full concession). A partial concession applies where the home value is between $505,000 and $550,000. To view the first home concession rates please click here.

If you are purchasing vacant land as your first purchase, you may be able claim a First Home Vacant Land concession if the vacant land is valued at less than $400,000. For details on this concession please visit the Queensland Government website or talk to a Mortgage Broker.

Applying for the FHOG and / or various duty concessions can be a little tricky. While you can check eligibility and apply online by yourself, we recommend you apply through the assistance of one of our FHBA Mortgage Brokers.

Our FHBA Mortgage Brokers are not only experts at finance matters such as home loans and the FHOG, but they are also specialists in helping first home buyers everyday. Our service is free of charge (should you proceed with a home loan option through us). We can check your eligibility, apply on your behalf and be with you every step, providing you with peace of mind that you haven’t missed anything.

• To learn more about our FHBA Mortgage Broking service and have one of our experts assist you with your application, please visit our FHBA Mortgages home page.
• To apply online by yourself visit the Queensland Government website and follow their instructions.

As Australia’s premier first home buyer organisation we have access to hundred’s of FHOG eligible homes, from house & land packages through to townhouses, apartments and more.

Called FHBA New Homes, our new homes search service involves us connecting you with leading property developers, builders and real estate experts to help you find and secure your first home. Meanwhile, your FHBA Coach stay’s by your side every step of the way.

Plus, if you purchase your FHOG eligible home through our FHBA New Homes service you could be eligible for the FHBA 50 Rebate (in addition to any government entitlements you may be eligible for such as the FHOG!).

If you haven’t been introduced to FHBA Coach yet send us an email ([email protected]) or complete the enquiry form and one of our friendly FHBA Coaches will be in touch to provide you with a free Discovery Session.

If you are thinking of purchasing an established (existing) home then:

• Unfortunately you will not be eligible for the QLD FHOG, as one of the requirements is that it must be a ‘new‘ home;
• However, you may still be eligible for transfer duty concessions (see ‘are there any other entitlements I might be eligible for’ above)

If you would like some help with purchasing an established home (such as financing assistance; search assistance or negotiating assistance) we recommend you book a free Discovery Session with an FHBA Coach.