Not the grant, which is new only. On an established home Queensland still helps through the first home concession, which removes duty up to $700,000 and reduces it up to $800,000, so established buyers are not left out on duty.
Written by Ross McFarlane, Licensed Mortgage Broker (Credit Representative 526725). About the authorThe new versus established choice has a real dollar value in Queensland, because the grant and some duty help only attach to new homes. The federal First Home Guarantee, however, can still be used on an established home.
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General information only. This page provides general information based on first home buyer settings current in 2026. It is not financial advice, a quote, or a guarantee, and your personal circumstances have not been considered. Grant amounts, caps, eligibility and scheme places change and vary by circumstance, and some help applies only to new homes. Always confirm current grants and your eligibility with the Queensland Revenue Office, Housing Australia, or a licensed mortgage broker. Ross McFarlane (Credit Representative 526725) is an authorised Credit Representative of Australian Associated Advisers Pty Ltd t/a Keylend, Australian Credit Licence 392169.