New First Home Boost
Could You Buy a Home in QLD with Just a 2% Deposit? Here's What You Need to Know
30/06/25
Big news for first-home buyers in Queensland: government support has just reached a whole new level.
If you’ve been holding off on buying because of rising property prices or struggling to save a 20% deposit, this might be your moment.
Three Ways QLD is Helping First-Time Buyers
1. The Boost to Buy Shared Equity Scheme
With as little as a 2% deposit, eligible buyers could access a government contribution of up to 30% (new homes) or 25% (existing homes). That’s how someone with just $15,000 saved could buy a $750,000 property.
2. $30,000 First Home Buyer Grant
A cash injection for those buying or building a new home – making the jump into the market even easier.
3. Stamp Duty Concessions
No stamp duty on eligible new builds – more savings at settlement.
Who’s Eligible?
- First-home buyer
- Income under $150K (or $225K for couples)
- Buying up to $1 million
- New or existing home
- Living in the property
- Minimum 2% deposit
What Next?
The Boost to Buy scheme is limited to 1,000 homes – so acting early is crucial.
