Tag #Conveyancing

First Home Buyer Benefits Extended to June 2026: $30,000 Grant and Zero Stamp Duty Explained Queensland

Queensland has extended key incentives for first home buyers, making it easier to enter the property market. Eligible buyers of new homes can now receive a $30,000 First Home Owner Grant (FHOG) for contracts signed between 20 November 2023 and 30 June 2026.

From 1 May 2025, qualifying buyers of new homes or vacant residential land to build their first residence may also enjoy a full transfer duty (stamp duty) exemption — with no price cap.

Both benefits have different rules but can work together to reduce upfront costs. Here’s a clear summary of what they mean and how you can prepare.

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First Home in Queensland? Don’t Forget These Hidden Upfront Costs

Saving for a home deposit is a huge milestone—congratulations! 🎉 But before you start house hunting, it’s important to know that the deposit is only part of the picture. There are several upfront costs that many first-home buyers don’t anticipate.

At W & G Lawyers, we help Queensland buyers understand what’s involved and avoid unpleasant surprises at settlement. Here’s a breakdown of what to expect.

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