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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