How A $15,000 Great Start Grant Can
Help You
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If you're thinking of buying or building a new home, this
could
be what gets you started |
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It could get you something more than you were expecting |
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It can get you into your first home sooner |
Note: The Great Start Grant is administered under the First
Home Owner Grant Act 2000.
To get off to a great start,
you’ll need to confirm that you meet the full eligibility
criteria (for yourself and the property), understand your
obligations and apply within the timeframe listed.
Download your application kit to apply today
Application Requirements
Anyone who will own any part of your new home must be
included on the application. Only one grant is payable per
new home and you only need one application for your new
home, regardless of the number of applicants.
Your application must be:
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signed by all applicants |
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witnessed |
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completed in full |
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accompanied by supporting documentation |
See the supporting documentation checklist provided with the
application kit (PDF, 1.6 MB) for information you need to
include in your application.
Additional Information
In order to determine whether or not you are eligible for
the grant, we may ask you for additional information.
There are penalties for giving false or misleading
information.
Application Process
Once your application is submitted, we will process most
applications within 10 working days of receiving all the
required information. If you apply through an approved bank
or lending institution, you may get the grant sooner. See
the Office of State Revenue website for a list of approved
banks and lending institutions.
Conditions And Penalties
In some cases, we may pay the grant before you move into
your new first home. However, as a condition of the grant,
you must tell us and repay the grant if you do not:
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complete the transaction of buying or building your new home |
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move into the new home within 1 year of becoming the
registered owner |
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live in the new home for a continuous period of 6 months. |
There are penalties if you don’t tell the Office of State
Revenue within 14 days of finding out that you are unable to
meet these conditions.
Resources:
www.greatstartgrant.osr.qld.gov.au
The Great Start Grant is a Queensland Government initiative
to help first home owners to get their new first home
sooner.
You’ll get $15,000 towards buying or building your
new house, unit or townhouse (valued at less than $750,000).
You can even buy off the plan or choose to build yourself.
It’s a great opportunity to buy or build a new home in our
great state.
