Are you a first home buyer looking to escape the rental nightmare once and for all? Well there’s good news! The Queensland government has decided to raise the First Home Owners Grant (FHOG) to $30,000, up from $15,000.
This means that first home buyers have $30,000 to put towards funding their dream of homeownership. Queensland Premier Annastacia Palaszczuk described it as a “pre-Christmas bonus” and she believes it will help around 12,000 first home buyers get into the market before the increase expires in 2025.
No1 Property Guide specialises in helping renters get out of the rental nightmare and into their own homes with no or low deposit. Having already helped thousands of renters achieve their homeownership dreams, you could be next.
Fill in our pre-qualification form today to start your homeownership journey.
Who is Eligible for the $30,000 First Home Owners Grant?
The great news is that the eligibility for the boosted First Home Owners Grant hasn’t changed. To be eligible you must:
Finally, the grant is only applicable to new homes. Meaning it must either be a newly built home, a contract to build a new home (like one of our full turnkey house and land packages), or be a substantial renovation.
Along with the increase in the size of the grant, the Queensland government also expanded what property types are covered by the grant. The FHOG now covers:
How Do I Access the First Home Owners Grant?
First, you’ll need to have a property in mind, and that’s where No1 Property Guide can help! Using Darren’s proven no or low deposit new home system, we have helped thousands of renters achieve their homeownership dreams over the years. And this increase in the FHOG will empower us to help even more renters become homeowners!
Using Darren’s proven system, we can help you find the right house and land package for your situation. And we can even help you with the paperwork as well!
From there our Mortgage Managers will walk you through the finance process, including the paperwork you’ll need to do to access the First Home Owners Grant. And once it’s been processed, you can rest easy knowing your new home will be built and you are on your way to becoming a homeowner.
But remember, the increased $30,000 is only available until June 30, 2025. Afterwards it will revert back to the original $15,000. So don’t miss out on your chance to become a homeowner.
Dianne & Lualala – Happy Homeowners
Jesse & Finlay – Happy Homeowners
It’s Time to Find Out What Your Factual New Home Options Are
Ready to find out if the First Home Owners Grant increase to $30,000 will help you become a homeowner? We’re ready to help! Simply fill in our pre-qualification form and one of our New Home Consultants will be in touch to discuss what your factual new home options are.
