TOOLS FOR BUYING

first home owner grant

Visit www.firsthome.gov.au for a full eligibility checklist.

In Queensland, the Office of State Revenue is responsible for administering the Grant.  Forms are available from the Office of State Revenue.  They can be contacted on the following numbers:

QLD     07 3404 3956 within Brisbane or Toll Free 1300 300 118
 

transfer duty

In addition to the purchase price, State Government regulations require a purchaser of a property to pay transfer duty on the transfer of the property and separately on any mortgage granted over the property. How much stamp duty a purchaser will pay is determined by:

• For a conveyance - the purchase price of the property or where there is no purchase price paid, the value of the property; and
• For a mortgage - the amount of the loan advanced to a purchaser and secured by the mortgage.

There are stamp duty concessions available to first home buyers and owner occupied properties subject to meeting certain requirements. 

For more information visit: www.osr.qld.gov.au