How do I get a First Home Buyers Grant in Queensland?
What is the First Home Buyers Grant?
The Queensland government has announced that they have extended the boost to the Queensland First Home Buyers Grant until the 30th June 2018 giving eligible buyers a total of $20,000 towards your first home.
Why does it have to be a new home and what does that mean?
You will only get the First Home Buyers Grant if you buy or build a brand new home. That means that the property – whether it is a house or unit, cannot have been lived in before. Part of the reason for this is that the government wants to help keep all the new home builders and other tradies in work. Unfortunately, you won’t get the grant for a home that is not newly built.
Who can apply?
As with most things like this, there are number of conditions which you have to satisfy. To be eligible for this First Home Buyers Grant
- You must be at least 18 years of age
- You or your partner must be an Australian citizen or permanent resident
- This grant only applies to new homes, whether you buy an already built new home, or you decide to build your own home
- This must be your first home – you or your partner must not have previously owned property in Australia before
- You must be able to sign a building contract no later than the 30th June 2018
If you are unsure as to whether you qualify for this grant, a sales consultant for new home builder Perry Homes will be happy to work it out with you.
What is involved?
The deadline for applying for this grant has only been extended until the 30th June this year, so it is important to move quickly. Don’t forget that there is a lot to do, if you want to build a new home. You have to know where you want to live and buy a block of land. You should also have an idea of how much money you can borrow to build the house and what sort of house design you want.
If that sounds all too complicated, Perry Homes is a new home builder and they have a great range of home and land packages available throughout Queensland to help make it easier for you. These packages have been created to streamline the process of building a new home. You even get to choose your own colours if you want!
Where can I get help with all of this?
To get you started, Perry Homes specialise in building new homes and they have a number of beautiful display homes you can visit, which will give you inspiration and ideas. These display homes showcase the latest in housing and design and their sales consultants are also happy to guide you through the process.
As it can sometimes take a few months to decide on your house design and everything else you need to do, before you can reach the stage of signing a contract, it is important to start the process now.
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