First home buyers in Queensland currently have access to one of the most generous government incentives in the country - but that window is closing fast. Here’s what you need to know.
From 1 July 2026, the Queensland First Home Owner Grant (FHOG) will reduce from $30,000 back to $15,000 for eligible contracts, effectively cutting available support in half for those who miss the deadline.
For many buyers, that’s a $15,000 difference that could go towards a deposit, upgrades or reducing overall loan costs - making the coming weeks a critical time to act.
What’s changing?
The current $30,000 FHOG is a temporary boost, available for eligible buyers who sign a contract to build or purchase a new home on or before 30 June 2026.
After this date:
- The grant will revert to $15,000
- Eligibility rules will remain the same
- The grant will still apply only to new homes valued under $750,000
In simple terms - waiting beyond June could mean walking away from a significant financial advantage.
Why acting early matters
In a market where affordability remains front of mind, the FHOG can play a key role in helping first home buyers take that first step sooner.
Right now, eligible buyers can:
- Put $30,000 toward their deposit or build costs
- Combine the grant with other incentives (such as stamp duty concessions on new homes) to reduce upfront costs
- Secure certainty before policy changes take effect
But timing is everything. To access the full $30,000, buyers must have a signed building contract before the 30 June deadline - not simply be in the early stages of research.
A faster pathway to secure your contract
With the FHOG deadline approaching, timing has never been more important. To stay on track to access the full $30,000 grant, you’ll need to secure a contract fast. Start Building Sooner (SBS) is the answer to this.
With SBS, we’ll take you on a streamlined pathway to contract. Select from a range of expertly curated interior and exterior colour schemes, saving you precious time and decision making. Then watch your job get fast tracked through our office, so you can have a contract in your hands sooner. All pricing, covering structural options, colour selections, fixtures, fittings, and site costs, is still provided upfront before you sign your contract. That means no hidden costs and no surprises, even through our SBS program.
Don’t leave it too late
With the FHOG reduction now confirmed, the next few months represent a genuine opportunity for Queensland buyers.
While building a home is a big decision, missing the June deadline could mean:
- Less financial support
- Higher upfront costs
- A harder path into the market
Planning ahead - and moving early - can make all the difference so if you’re considering building your first home in Queensland, now is the time to explore your options.
Our team can guide you through:
- Eligibility for the First Home Owner Grant
- Suitable home designs and pricing
- The fastest pathway to securing your contract before the deadline