Applying for a first home owner grant
When the grant is paid
The grant is paid at different times depending on how and when you apply, and on the type of property that you are building or buying. For this reason, it’s best not to count on using the grant as a deposit.
You do not need a deposit to apply for the grant itself.
Applying through banks and lending institutions
If you have applied through a bank or lending institution, the timeframe for payment is generally:
- at settlement, for buying a home (including off-the-plan purchases)
- on the first drawdown of funds, for contracts to build your home
- on receipt of a final inspection certificate, for building your home as an owner–builder.
Applying to the Office of State Revenue
These are the general timeframes for payment for approved applications lodged directly with the Office of State Revenue.
Type of transaction | When grant is paid |
---|---|
Buying your home—off the plan | When you have a registration confirmation statement showing your name on the title of the property |
Buying your home—instalment purchase contracts | When all the following are fulfilled:
|
Buying your home—vendor finance contracts | When you own the home under the contract |
Buying your home—all other contracts | When you have a registration confirmation statement showing your name on the title of the property |
Building your home—building contract | When you have a final inspection certificate |
Building your home—owner–builder | When you have a final inspection certificate |
In this guide:
- Previous ( https://www.qld.gov.au/housing/buying-owning-home/financial-help-concessions/qld-first-home-grant/apply-first-home-grant/first-home-how-when-apply )