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To answer my own question: From http://www.osr.qld.gov.au/first-home-owner-grant/eligibility-fhog/index.shtml We bought in February 2000, which explains why my sister missed out.

I was just going from the experience of my sister who missed out on the FHOG because she had had a quarter share in the IP I lived in while at uni. We bought that 5 months before the FHOG came in, although to be honest, I think the FHOG addded to the capital growth we got on it.

How's that work?