Buyer Info

First Home Owners Grant

The first home owner’s grant has been boosted from $15,000 to $20,000 starting on the 1st July 2016. So if you’re thinking of buying or building a new home, this could be what gets you started. While $20,000 is a substantial gift to first homebuyers struggling to get a foothold in the ladder, it’s only available […]

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Foreign Acquirer Duty

Queensland Government’s new foreign acquirer duty The 2016/17 Queensland Budget, announced a new Foreign Acquirer Duty to be paid by foreign buyers of residential property in Queensland. That means tax will be payable in addition to normal stamp duty rates and will be assessed at 3% of the purchase price. So if purchasing a $500,000 home the Foreign Acquirer Duty […]

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