First Home Buyers Grant QLD
Expert mortgage brokers helping Queensland first home buyers access grants and secure the perfect home loan
Purchasing your first home in Queensland is an exciting milestone, but navigating grants, loans, and the property market can feel overwhelming. Our experienced mortgage brokers specialise in helping Queensland first home buyers maximise their purchasing power through government grants and optimal loan selection.
- Grant expertise – Navigate QLD’s $15,000–$30,000 first home owner grants with confidence
- Comprehensive lender access – Compare options from over 60 banks and lenders
- End-to-end support – From grant applications to settlement, we handle the complexity
Queensland First Home Owner Grant Overview
Understanding Your Grant Entitlements
Queensland's first home owner grant provides substantial financial assistance for eligible first home buyers:
- $30,000 grant for new homes valued up to $750,000
- $15,000 grant for new homes valued between $750,001 and $1 million
- Additional stamp duty concessions may apply for established homes
Eligibility Requirements:
Our mortgage brokers work closely with Queensland’s Revenue Office to ensure your grant application is processed efficiently alongside your home loan approval.
- Must be an Australian citizen or permanent resident
- Aged 18 years or older
- Have never owned residential property in Australia
- Must live in the property as your principal residence for at least 12 months
The Complete Home Buying Process
From Grant Application to Settlement
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Initial Consultation
Complete our quick online form to begin. We’ll assess your goals, grant eligibility, and borrowing capacity during a personalised session. -
Grant and Loan Strategy
Our team researches current QLD grants and compares 60+ lenders to tailor the best funding and loan mix for you. -
Documentation and Applications
We handle the paperwork for both your grant and loan, ensuring compliance with Revenue Office and lender requirements. -
Pre-Approval and Property Search
With grant pre-approval and borrowing capacity confirmed, you’ll know your budget before house-hunting. Valid for 3 months. -
Property Purchase Support
Once you’ve found your home, we liaise with your solicitor, agent, and Revenue Office for seamless grant and loan settlement. -
Settlement Day
Grant funds and loan proceeds are released together. We ensure all finances are in place and provide continued mortgage support.
Home Loan Options for Queensland First Home Buyers
Tailored Solutions for Every Situation
Variable Rate Loans
Flexible rates that move with the market. Often includes redraws, offsets, and extra repayments.
Split Rate Loans
Combine fixed and variable for balance between certainty and flexibility.
Professional Packages
Discounted rates, waived fees, plus perks like credit cards and insurance discounts.
Guarantor Home Loans
Use family equity to reduce your deposit and potentially skip lenders mortgage insurance (LMI).
Low Deposit Loans
Secure your home with as little as 5% deposit, combined with your grant.
Interest Only Loans
As the name suggests, you only pay the interest on the principal balance for a set term, with the principal balance unchanged.
Queensland First Home Buyer Grant Calculator Tools
Plan Your Purchase with Confidence
Frequently Asked Questions
We’ve got your questions covered.
How much is the Queensland first home buyers grant in 2024?
$30,000 for new homes up to $750,000, and $15,000 for new homes between $750,001 and $1 million. Stamp duty concessions may apply.
Can I use the grant with a low deposit loan?
Yes. It can form part of your deposit. LMI may still apply, but the grant helps reduce your total loan.
How long does the application process take?
Typically 4–6 weeks via the Queensland Revenue Office. We align grant processing with your loan timeline.
Do I need to live in QLD to access the grant?
You must buy and live in the QLD property for at least 12 months. Residency at application isn’t required, but applicants must be permanent residents or Australian citizens.
Can I access the grant for investment properties?
No. The property must be your principal place of residence.
What if I sell before 12 months?
You may need to repay the grant unless approved exceptions apply (e.g., relocation, hardship).
Why Choose Mason Finance Group for Your First Home Purchase
Expert Knowledge of Queensland Grants and Lending
Comprehensive Lender Panel
Compare 60+ banks and lenders to match the right loan with your grant.
Streamlined Process
We manage everything—from consultation through settlement—so you don’t miss a step.
Ongoing Support
Beyond settlement, we offer loan reviews and refinancing guidance to support your long-term success.