News
14 September, 2025
Equity life for first-time buyers
OVER 11,000 Queenslanders have registered their interest for the State Government’s Boost to Buy home ownership scheme.
The $165 million first home buyer scheme – funded in the 2025-26 Budget – allows for a Government equity contribution of up to 30 per cent for new homes and 25 per cent for existing homes.
To be eligible, home buyers require a minimum 2 per cent deposit available for the purchase price of the property valued up to $1 million.
Eligibility is open to single purchasers with an income of up to $150,000 a year and households with two adults earning up to $225,000 per annum.
Treasurer and Minister for Home Ownership, David Janetzki, said the Boost to Buy scheme would deliver more Queenslanders their dream of home ownership, and he looked forward to seeing more young people entering the property market.
“I want everyone who aspires to own a home to have a chance to do that,” Treasurer Janetzki said.
“The Boost to Buy scheme comes on top of the first home buyer support we’ve already delivered, including the extended $30,000 grant and abolishing stamp duty for first home buyers purchasing a new build.
“This builds on our goal for construction of one million homes over the next 20 years by making home ownership affordable for more Queenslanders.”
Formal applications for Boost to Buy will open later this year.
Queenslanders can register their interest at www.treasury.qld.gov.au/programs-and-policies/home-ownership/boost-to-buy/
