Print

Guide to Bond Loans and Rental Grants

Check your eligibility for Bond Loans and Rental Grants

Check your eligibility

Eligibility for a Bond Loan

To be eligible for a Bond Loan, you must meet all these conditions:

  • You don’t currently live in the property that you need bond for.
  • You’re an Australian citizen or permanent resident, or have a temporary protection or bridging visa.
  • You don’t own or part-own:
    • a residential property
    • a caravan, mobile home or live-aboard boat permanently connected to household utilities.
  • You have less than $2500 in cash or savings among all the Bond Loan applicants (not including dependents).
  • You don’t have outstanding debts with us.
  • You’re choosing a property where the rent isn’t more than 60% of the total gross weekly income of all applicants.
  • You meet the current income limits.

To ensure housing assistance is provided appropriately for people experiencing domestic and family violence, bond loans are automatically approved for customers who have verified their circumstances.

Eligibility for a Rental Grant

To be eligible for a Rental Grant, you must both:

  • meet all the conditions for a Bond Loan
  • not have received a Rental Grant before.

Additionally, you must meet at least one of these conditions:

  • You’re leaving either a department-approved centre (e.g. emergency housing, women’s shelter) or housing arranged by an approved centre where you spent more than 28 continuous days and you’re applying for assistance within 3 months of leaving.
  • You’ve been discharged from a correctional facility after serving at least 28 days and you’re applying for assistance within 3 months of your release.
  • You’ve been discharged from a hospital or health facility, including mental health facility, within the last 3 months where you were a resident for at least 28 days.
  • You’ve exited support from a child protection service within the last 3 months where you were a resident for at least 28 days or are still in care.
  • You are currently experiencing domestic and family violence.
  • You’re leaving housing provided by a community-based rent scheme in Queensland to move into private rental housing and applying for assistance within 14 days of leaving.
  • You’re homeless or at risk of becoming homeless.

Applicants under the age of 18 should phone Housing Services on 13 QGOV (13 74 68).

Income limits for Bond Loans and Rental Grants

To be eligible, the combined gross (before-tax) income of all applicants can’t be more than the limits shown below.

Combined gross income:

  • includes all forms of income received by each applicant, including wages, income support payments from Centrelink and the Department of Veterans’ Affairs, Family Tax Benefit payments, Youth Allowance, other Centrelink special-purpose payments and income from investments
  • doesn’t include
    • Veterans' Affairs Total and Permanent Impairment Disability Pensions or Military Rehabilitation and Compensation Act Special (Special Rate) Payments (from Department of Veterans’ Affairs)
    • the income of dependent children under 18 years or any benefits paid to children living with their parent(s).

For people experiencing domestic and family violence, bond loans are automatically approved for customers who have verified their circumstances.

Higher income limits apply in specific resource (mining) communities.

Applicants under the age of 18 should phone Housing Services on 13 QGOV (13 74 68) for more information.

See the table below for income limits. Note that ‘Weekly income (before tax)’ refers to how much you can earn in a week and still be eligible for a Bond Loan.

Weekly income

(before tax)

Type of household

$ 1,013

  • One adult

$ 1,519

  • Two adults

$ 2,025

  • Three adults

$ 2,531

  • Four adults

$ 1,316

  • One adult with one dependant

$ 1,620

  • One adult with two dependants

$ 1,924

  • One adult with three dependants

$ 2,228

  • One adult with four dependants

$ 1,823

  • Two adults with one dependant

$ 2,126

  • Two adults with two dependants

$ 2,430

  • Two adults with three dependants

$2,734

  • Two adults with four dependants

To calculate income eligibility for household types not listed above, please use the information below:

  • First adult: $1,012.56
  • Each additional adult $506.28
  • Each dependant $303.77

The total household income limit is then rounded to the nearest dollar.

Income eligibility limits are assessed on the total income for a household, not individuals within the household.

If you don’t meet criteria

If you don’t meet the eligibility criteria on this page, contact us to discuss your circumstances:

In this guide:

  1. Check your eligibility for Bond Loans and Rental Grants
  2. How to apply
  3. After you have applied
  4. Repaying your Bond Loan or Bond Loan Plus
  5. Existing Bond Loans

Print entire guide