It’s now official, the Queensland First Home Owners’ Grant has been slashed from $20,000 to $15,000 as of 1 July 2018.

What does that mean for Queensland First Home Buyers?

• If you purchase before 30 June 2018 you will be eligible for a $20,000 grant for purchases valued under $750,000;
• If you purchase after 30 June 2018 you will be eligible for a $15,000 grant for purchases valued under $750,000;
• Buy before 30 June 2018 or you will miss out on the $5,000 grant boost.

From 1 July, the value of the grant will be $15,000 and eligibility conditions will remain the same.

Macquarie York is also offering its exclusive Developer Assistance Program to First Home Buyers which offers an additional boost of up to $20,000 in addition to the First Home Owners’ Grant potentially boosting your purchase deposit to $40,000.

To learn more about how our Developer Assistance Program has helped 1,000’s of Australians achieve their dream of home ownership and how it can potentially work for you, please call us in 1300002121

Best regards,

Roy Skaf
Managing Director

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