For a First Home Owner based in Queensland, the Great Start Grant offers the following incentive to purchase a new property as their first home:
- $15,000 grant
- $0 stamp duty on purchases under $500,000
The Great Start Grant is a Queensland Government initiative to help First Home Owners to get into their new First Home sooner. The Great Start Grant can only be used towards buying or building a new house, unit or townhouse (valued at less than $750,000).
The Great Start Grant has eligibility criteria, which can be found on the Queensland Great Start Grant website (see Great Start Grant in the First Home Owners resources). Only the Queensland Government can provide final eligibility for the Great Start Grant, however My First Place can discuss any general concerns whether you fit the Great Start Grant criteria.