Queensland Building Boost Grant Extended!
Queenslanders building or buying new homes will have access to the state government's $10,000 building boost for an extra three months.
This is what you will get when you plan to:
Buying or building a new home
- $10,000 to help you buy or build a new home
- $10,000 even if the new home isn’t your first
- $10,000 towards all new houses, units or townhouses
As an existing home owner buying or building a new house, townhouse or unit under $600,000, you may be eligible to receive the Queensland Government’s $10,000 Building Boost Grant.
Buying a first home
- $17,000 for first home buyers who buy or build a new home
- No transfer duty on first homes under $500,000
As a first home buyer purchasing or building a new house, townhouse or unit under $600,000 in value, you may be eligible to receive the Queensland Government’s Building Boost Grant of $10,000. Combined with the First Home Owner Grant, you may be eligible for grant assistance totalling $17,000.
Buying an investment property
- $10,000 to help you buy or build a new investment property
- $10,000 and you can rent the property out
- $10,000 for every new house, unit or townhouse purchased
As an investor buying or building a new house, townhouse or unit under $600,000 in value, you may be eligible to receive the Queensland Government’s $10,000 Building Boost Grant. The boost can be obtained for more than one eligible investment property you purchase.
January 2012
Source: http://www.qld.gov.au/
