QLD First Home Buyer Grants and Concessions: The Complete 2026 Guide

$30,000 First Home Owner Grant (Extended to June 2026)

The Queensland Government has extended the boosted First Home Owner Grant (FHOG) to 30 June 2026. This means eligible first home buyers building or buying a new home can receive a $30,000 grant.

This was originally $15,000 and was doubled in November 2023. The extension gives buyers building in 2026 access to the higher amount — but only if your contract is signed before 30 June 2026.

Eligibility Requirements

To qualify for the $30,000 FHOG, you must:

• Be at least 18 years old
• Be an Australian citizen or permanent resident
• Have never owned property in Australia (including investment property)
• Be buying or building a new home (not established/existing)
• The home must be valued at under $750,000 (total value including land)
• You must live in the home as your principal place of residence for at least 12 months, starting within 12 months of completion

Important: The $750,000 cap is the total value — house and land combined. If your build costs $500,000 and your land was $260,000, you're under the cap at $760,000... wait, you're actually over. This catches people out. Watch the total.

How to Apply

You can apply through your bank or lender when you arrange your home loan. Most lenders handle the FHOG application as part of the loan process. The grant is typically paid at settlement or first drawdown.

You can also apply directly through the Queensland Revenue Office.

Stamp Duty (Transfer Duty) Concessions

First Home Concession — New Builds

From 1 May 2025, eligible first home buyers purchasing or building a new home in Queensland receive a full stamp duty exemption. That's right — zero transfer duty on new builds for first home buyers.

This applies to homes valued up to $800,000. For homes between $800,000 and $1,000,000, a partial concession applies on a sliding scale.

First Home Concession — Existing Homes

If you're buying an existing (established) home as your first home, you can still get a concession:

Note: The FHOG ($30,000 grant) only applies to NEW homes. The stamp duty concession applies to both new and existing homes, with different thresholds.

First Home Buyer Deposit Scheme

The federal First Home Guarantee allows eligible buyers to purchase with as little as a 5% deposit without paying Lenders Mortgage Insurance (LMI). This can save $10,000-$30,000 depending on your loan amount.

Places are limited each financial year. Check eligibility through the National Housing Finance and Investment Corporation.

Income Thresholds

From December 2025, the QLD Government increased income thresholds for first home buyer assistance:

• Singles: Up to $150,000 per annum
• Couples: Up to $225,000 combined per annum

These are generous thresholds that capture most first home buyers.

How to Stack the Benefits

Here's what a first home buyer building a new home in QLD can potentially access in 2026:

That's over $60,000 in combined benefits. For a $600,000 house and land package, that's more than 10% of the total cost covered by government incentives.

Key Deadlines

• FHOG $30,000: Contract must be signed by 30 June 2026
• Stamp duty exemption on new builds: Ongoing (no announced end date)
• First Home Guarantee places: Reset each financial year (1 July)

If you're considering building, the clock is ticking on the $30,000 grant. After June 2026, it may revert to $15,000 — a $15,000 difference.

What This Means for Your Build Budget

Use our build cost calculator to estimate your construction costs, then factor in these grants and concessions to see your real out-of-pocket figure. For many first home buyers, the combination of the FHOG and stamp duty exemption makes building new significantly more affordable than buying established.

Need help tracking your budget and builder comparisons? The New Home Buyer's Toolkit is designed specifically for QLD first home buyers navigating the build process.