From July 1, first-home buyers in Queensland can still access valuable support to help them enter the property market.
The First Home Owner Grant of $30,000 has been extended until June 30, 2026, for eligible buyers purchasing or building a new home valued at up to $750,000.
This grant helps reduce the financial burden of upfront costs and is available for new builds, off-the-plan purchases and substantially renovated buys (never been lived in before).
In addition, new stamp duty concessions introduced earlier this year remain in place.
First-home buyers purchasing a new home or vacant land to build will continue to receive a 100 per cent stamp duty exemption, regardless of the purchase price.
For buyers of existing homes, full stamp duty relief applies up to $700,000, with partial concessions available up to $800,000.
These incentives can save first-time buyers tens of thousands of dollars.
With expert guidance from TSC Mortgage Brokers, navigating these options is easier than ever, helping first-home buyers secure the right loan and access every dollar of support available.
Matt Punter, Director, Punters Finance and TSC Mortgage Brokers, puntersfinance.com.au and thesavingscentre.com.au
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