fbpx

First Home Buyers

Become a homeowner!

Buying your first home is a big step, but with Queensland Property Group you’ll find the process easy-to-understand, enjoyable and a journey to remember. We can help you with everything from saving for a down payment to finding the perfect home.

Explore your options with Queensland Property Group.

Government Initiatives to Support First Home Buyers

As a first-time homeowner, we want you to focus on the important things. For some, understanding where you stand as a future homeowner and what you might be eligible for can be confusing. Find out which Government Scheme or Grant you can use for your first home. 

Family Home Guarantee

Supports 10,000 Australians
Assists parents with low deposits 
Time-Limited Initiative
Own your family home
What is the Family Home Guarantee? 

The Family Home Guarantee is an Australian Government Initiative that will support eligible single parents with dependents to purchase a family home.

Is there a limit on spots available in the Scheme? 

10,000 Family Home Guarantees will be made available over four financial years from 1 July 2021 to 30 June 2025. 

How can the Family Guarantee help you?

The Family Home Guarantee can assist single parents to buy their family home with a deposit of as little as 2%, regardless if they are a first-time buyer or previous owner-occupier.

First Home Loan Deposit Scheme

Supports 10,000 Australian first home buyers
Works in conjunction with other Government programs including FHOG
Own your first home with a 5% deposit!

What is the First Home Loan Deposit Scheme?

If you are buying or building your first home, the First Home Loan Deposit Scheme may help you save for a bigger deposit. The First Home Loan Deposit Scheme provides a guarantee that will allow first home buyers to purchase their first home with a deposit as little as 5% without needing to pay Lender’s Mortgage Insurance (LMI).

Is there a limit on spots available in the Scheme? 

There are 10,000 FHLDS places available from July 2021 for the 2021-22 financial year.

How can the First Home Loan Deposit Scheme help you?

By using the First Home Loan Deposit Scheme, you only need as little as 5% for the deposit of your home. This eliminates the stress and time for saving for a larger deposit and will assist you in getting into your first home sooner.

First Home Owners’ Grant

Grant amounts vary between States and Territory
Valued at $15,000
Get your foot in the property market
Your first home is your first investment home

What is the QLD First Home Owners’ Grant? 

The First Home Owners’ Grant (FHOG) is a helping hand from the QLD Government to assist first home buyers in buying or building their new homes.

Is there a limit on spots available in the Grant?

There is no limit on who can apply for the First Home Owners’ Grant. If your contract date is 1 July 2018 or later in Queensland, the First Home Owners’ Grant is $15,000. The First Home Owners’ Grant amounts vary depending on the State or Territory you are purchasing the home in.

Register Your Interest

If you haven’t found answers on this website to questions about first home buyer assistance and how to apply, contact us. Alternatively, if you’re ready, register your interest now!




    Menu

    Register Your Interest