Queensland Building Boost Grant
 Queensland building boost to encourage property investors
If you are an Australian looking to enhance your property portfolio then you may want to consider the new Building Boost Grant offered by the Queensland Government.
The Queensland Government Building Boost Grant is available to buy or build a new home in Queensland from 1 August 2011 to 31 January 2012.
The Queensland Building Boost Grant is a grant for a person or corporation buying or building a new home in Queensland for a value less than $600,000 (house and land). The grant is designed to assist recovery in the housing construction sector, Queensland's third-largest job generating industry.
The Queensland Building Boost is a $10,000 grant. You can use the Building Boost Grant to:
* $10,000 to help you buy or build a new investment property
* $10,000 and you can rent the property out
* $10,000 for every new house, unit or townhouse purchase
The Boost can also be obtained for more than one eligible investment property you buy. But hurry, to be eligible for the Boost you must:
* meet the eligibility criteria, and
* apply or give notice of intention to apply no later than 31 May 2012.
Furthermore, the Queensland Government's Building Boost can be used to purchase an NRAS investment property.
This means you can access the Building Boost as well as the National Rental Affordability Scheme incentive payments. Accessing these Government payments can make your next property investment positively geared depending on your income and the amount borrowed.
urbanmoney offers free property investment analysis - to arrange your appointment simply call Geoff Wilson on 07 5559 5110.
To see if you are eligible for the Building Boost Grant click eligibility tester
Do you have a question about the Queensland Building Boost? Click Frequently asked Building Boost Questions
How to apply for the Building Boost
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