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One of Australia's Most Significant Home Building Grants Just Got Extended

First Home Buyer Incentive Extended to Mid-2026

Queensland has enhanced its support for first-home buyers by extending one of Australia's most generous homeownership grants. The First Home Owner Grant (FHOG), worth $30,000, will now remain available until June 30, 2026. Originally set to expire in 2025, this extension offers eligible buyers more time to secure new houses for sale or pursue house and land packages with valuable financial assistance.

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Grant Overview and Eligibility Details

The extended FHOG applies to property for sale or new construction valued below $750,000, including house and land packages and owner-builder projects. To be eligible, applicants must sign contracts between November 20, 2023, and June 30, 2026. For those building, foundations must be laid within this timeframe.

How Queensland Stands Out Nationally

Each Australian state provides its version of the FHOG. The Northern Territory leads with a $50,000 grant, followed by Queensland's $30,000. Other states, such as South Australia, offer $15,000, while New South Wales (NSW), Victoria, Western Australia (WA), and Tasmania cap the grant at $10,000. Queensland's position reflects its strong commitment to housing accessibility.

Combining Grant and Stamp Duty Relief

Buyers in Queensland now also benefit from newly implemented stamp duty exemptions on new homes, effective since May 2025. This added benefit provides an average savings of $16,996, making homeownership significantly more attainable when paired with the FHOG.

Broader Benefits for Buyers

This is the perfect time for buyers to explore cheap houses for sale, investigate townhouses for sale, or secure a spot in the planned apartments that are emerging across growth corridors. Those using Revoy's home loan calculator or mortgage calculator can optimize their budgets for both affordability and long-term value.

Strategic Insights for Sellers and Investors

Increased demand among first-home buyers benefits current owners and investors. Sellers looking to move quickly can gain an edge in active markets, especially in high-growth areas. Investors should consider listing auction properties or repositioning portfolios to capitalize on demand for rental properties in Queensland's suburban areas.

Growing Demand for Rentals

Rising rental needs match the construction boom. Whether it's houses for rent, pet-friendly rentals, or furnished apartments for rent, renters are seeking well-managed options. Revoy supports clients with everything from lease agreement services to handling rental bond services.

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Discover the Revoy Difference

Revoy is redefining the way people engage with property. From apartments for sale and granny flats for sale options to comprehensive support for those searching for units for rent, our technology-powered platform and expert agents deliver results. Whether you're consulting a real estate agent in Brisbane or planning with our property valuation tools, Revoy empowers smart property decisions.

Let's Connect

Revoy is here to guide your next property decision, whether you're looking to buy, sell, lease, or invest. We understand that navigating the property market requires clarity, confidence, and access to expert support. That's where we come in. From understanding local market dynamics to choosing between dual living homes for sale, townhouses, or investment property, our tailored solutions ensure you're never navigating alone.

Looking to secure the best financing options? Whether it's your first mortgage, a refinancing opportunity, or even car and equipment loans, Revoy has partnered with over 15 of the most reliable banks and lenders to bring you competitive interest rates and fast approvals. Our advisors help you use tools like our home loan calculator and mortgage calculator to plan your finances with clarity and precision.

Whether your goal is long-term portfolio growth or securing your dream home in a thriving suburb, our dedicated team is ready to deliver results. We specialize in high-end listings, complete lease and property management services, and strategic advice for both new and seasoned investors.

Start your property journey today with Revoy. Let's build something extraordinary together.

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