What's available to you in Queensland
$30,000 Grant
For new homes under $750k
Stamp Duty Savings
$0 duty on new homes (no cap); up to ~$24.5k off established homes under $800k
5% Deposit Scheme
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.
Federal scheme options in QLD
Nationwide| Scheme | Deposit | Who it suits | Key benefit |
|---|---|---|---|
| 5% Deposit Scheme (General stream) | 5% | First home buyers (or not owned in 10 years) | Avoid LMI via government guarantee |
| 5% Deposit Scheme (Single Parent stream) | 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. Reviewed July 2026.
QLD 5% Deposit Scheme Property Price Caps
Regional centres include Gold Coast and Sunshine Coast. Reviewed July 2026.
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.
Transfer duty relief (stamp duty)
- New homes: Full duty relief with no price cap for eligible contracts from 1 May 2025.
- Established homes: First home concession for homes under $800,000 - saves up to about $24,525.
- Conditions: Eligibility and residency rules apply; vacant land rules differ. From 1 August 2026, home concessions require buyers to be Australian citizens, permanent residents or specified foreign retirees.
How the supports can combine
Check the eligibility rules for each support separately.
Save for the deposit
Use the First Home Super Saver scheme to save with tax benefits. Target 2-5% depending on which guarantee you qualify for.
Check guarantee eligibility
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
Check the grant and transfer duty rules for the property you plan to buy. Eligibility and concessions differ for new and established homes.
Note: Coordinate all applications through your broker before signing a contract. Timing and eligibility matter.
Important things to know
Conditions to check before applying
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.
Check your QLD eligibility
I'll help check your deposit, scheme eligibility and property budget.
Still working it out? See how the process works, step by step, or start with the First Home Buyer Guide.