What's available to you in Queensland
$30,000 Grant
For new homes under $750k
Stamp Duty Savings
Up to $24k saved on homes under $800k
5% Deposit Only
No LMI with government backing
Update (July 2026): The 2026 Queensland Budget continued the $30,000 grant for eligible contracts signed from 1 July 2026 onwards. There is currently no announced end date. Eligibility criteria still apply, so check the current rules before you sign.
National schemes you can pair with QLD
Nationwide| Scheme | Deposit | Who it suits | Key benefit |
|---|---|---|---|
| First Home Guarantee (HGS) | 5% | First home buyers (or not owned in 10 years) | Avoid LMI via government guarantee |
| Family Home Guarantee | 2% | Single parents/guardians with a dependent | No LMI; not restricted to first home |
| Help to Buy (shared equity). Try the calculator | 2%+ | Low‑to‑middle income buyers | Government equity lowers loan size and repayments |
| First Home Super Saver (FHSS) | N/A | Savers building a deposit | Tax‑advantaged savings via super |
Always check current income/price caps and openings with Housing Australia or your broker. Some settings are changing from late 2025.
QLD Home Guarantee Scheme Property Price Caps
Regional centres include Gold Coast and Sunshine Coast. Updated October 2025.
See what this could mean in dollars: my free cost to complete calculator estimates QLD stamp duty, first home buyer concessions and the total cash you may need to complete a purchase at your price point.
Queensland programs
First Home Owner Grant (new homes)
- Grant: $30,000 for eligible contracts signed on or after 20 Nov 2023, continued from 1 July 2026 under the 2026 QLD Budget.
- Cap: Property up to $750,000.
- Residency: Must occupy as principal place of residence for the required period.
First Home Concession (stamp duty)
- Threshold: Concession available for homes under $800,000.
- Potential saving: Up to about $24,525 depending on price.
- Conditions: Eligibility and residency rules apply; vacant land rules differ.
Your pathway to combining supports
Here's how to stack the benefits for maximum impact
Build your deposit faster
Use the First Home Super Saver scheme to save with tax benefits. Target 2-5% depending on which guarantee you qualify for.
Get the government guarantee
Apply through your broker for the Home Guarantee Scheme - avoid LMI with just 5% down (or 2% if you're a single parent).
Claim QLD incentives
Buying new? Grab that $30k grant. Plus save big on stamp duty for properties under $800k.
Note: Coordinate all applications through your broker so nothing gets missed at contract stage. Timing and eligibility matter.
Important things to know
The fine print that can make or break your application
You need to live there
Most grants require you to live in the property for 6-12 months minimum. Keep records and evidence of residency.
Contract timing matters
The $30k grant applies to eligible contracts signed on or after 20 Nov 2023, with no announced end date. Separately, from 1 August 2026 transfer duty home concessions require buyers to be Australian citizens, permanent residents or specified foreign retirees, so timing your contract matters if this affects you.
Apply through a broker
Government guarantees go through participating lenders, not government websites. Your broker handles this for you.
Rules can change
Price caps and eligibility criteria get updated. Always double-check current rules before you sign anything.
Want a specific QLD plan?
We’ll map your deposit path, scheme eligibility, and property budget in under 20 minutes.
Still working it out? See how the process works, step by step, or start with the First Home Buyer Guide.