A link is provided to the First Home Owners grant website for all the specific details. A summary of the basic matters is:
- Most first home owners get a $7,000 grant from the Government.
- Most major banks will arrange for the grant to be paid to you at settlement or added to your loan.
- There are various cut off dates for “off the plan” / yet to be constructed properties which need to be considered for each purchase.
First Home Owners Grant Website is http://www.osr.qld.gov.au/fhog/index.htm