Here at Ultra Living Homes, we are committed to helping you get into the property market by assisting you to take advantage of the First Home Owners Grant (FHOG). Having worked with a number of first home-owners over the years, we understand the importance of guiding you through every step of the process. We ensure that we not only communicate well, but we communicate transparently and happily answer any and all of your queries along the way. Building a new home is a huge commitment, but an exciting one, and we strive to ensure that you enjoy the journey towards owning your first home.
For all contracts signed between 20 November 2023 and 30 June 2024, eligible persons will receive $30,000 towards their new home.
There are a number of criteria that you must meet in order to be eligible. Unlike some other grants, your income for this grant has no bearing on your eligibility. The criteria you must meet are:
- Be a person – not a trust or company
- Be aged 18 years or older
- An Australian citizen
- Enter into a building contract between 20 November 2023 and 30 June 2024 (these dates inclusive).
- You or your spouse must not have previously received the FHOG.
- You or your spouse must not have owned residential property in Australia on or after 1 July 2000 that you lived in; and before 1 July 2000, whether you lived in it or not.
- The grant cannot be used for the purchase of an investment property.
- You must move into your brand-new home as your principal place of residence within 1 year of the completed transaction, and live there continuously for at least 6 months.
You can quickly and easily find out if you are eligible by taking the eligibility test at https://qro.qld.gov.au/property-concessions-grants/first-home-grant/tester/. Please note that the eligibility test does not replace the formal application required.
To find out more on the FHOG, jump over to the official government website at https://qro.qld.gov.au/property-concessions-grants/first-home-grant/.
