Updated January, 2014

The Queensland Government's First Home Owners Grant offers first home buyers $15,000 towards buying or building a new house, unit or townhouse valued at less than $750,000. Elegible receipients can also buy off the plan or choose to build themslves.

The $15,000 "Great Start" grant is only available for newly constructed or substantially renovated homes purchased on or after 12 September 2012. A substantial renovation is a renovation in which all, or most, of the structural and/or non-structural components of a building are removed or replaced. Most of the rooms in the previous building must have been affected, and the renovations must have affected the building as a whole for it to be considered a substantial renovation.

Elegibility

If you held an interest in residential property before 1 July 2000, regardless of how the property was used, you will not be eligible for the grant.

If you have held or currently hold an interest in residential property since 1 July 2000 and the property was or is used solely for investment purposes, you may be eligible for the grant on a subsequent property. You would need to give evidence showing you have not lived in the investment property.

This evidence may include tenancy/lease agreements, current electricity/phone accounts and tax return details.

For enquiries about the Queensland Government's Great Start Grant, contact the Office of State Revenue on 1300 300 734.