Home Owners Grant: Is It For Me?
Aside from being a first-time homeowner, there are other requirements for eligibility. These include:
Age: Interested parties must be at least 18 years older or above. This also applies to co-applicants such as spouses and household members.
Citizenship: The grant is only limited to Australian citizens or permanent residents. As long as one of your co-applicants is an Australian citizen, you are still eligible for the home owners grant.
First-time grant recipient: This is exclusively for first-time homeowners, meaning individuals who were able to receive their grant before, or are applying with someone who has, will not be eligible for the grant.
Home ownership: Your house is also grounds for evaluation. Either you or your partner must not own any other properties in Australia that you live in or have lived in. This is limited to people who have not owned a home before July 1 2000.
On the other hand, applicants with rental properties can still apply for the grant. You must be able to provide documentation that proves that the property has been used for investment purposes only. Supplementary documents can include a lease and tax returns of the rental property.
The Queensland government website has a full eligibility test to help applicants understand their situations better. Visit the portal to access the full quiz.