If you're a first home buyer in Queensland, 2025 is shaping up to be the most promising year yet to get into the property market. With a series of new and extended government initiatives now in place, you could save tens of thousands of dollars and move into your first home sooner.
Whether you’re exploring first home buyers house and land packages or just starting to research first home builders on the Sunshine Coast or North Brisbane, this is the perfect time to take action.
Here’s a breakdown of the three major incentives now available to support first home buyers in QLD.
1. $30,000 First Home Owner Grant – extended
The Queensland Government recently extended the First Home Owner Grant, giving eligible buyers a $30,000 boost when building or buying a new home or off-the-plan property.
That’s $30,000 you can put toward your deposit, construction costs, or upgrades - a major helping hand, especially in today's market.
To be eligible, you must:
- Be building or buying a brand new home
- Live in the home as your principal place of residence
- Meet the income and property value criteria set by the government
Whether you’re looking for first home builders in North Brisbane, or want to stay local with Sunshine Coast first home builders, this grant opens up more opportunities to build a home that suits your lifestyle and budget.
2. Stamp duty abolished for first home buyers
As of 1 May 2025, stamp duty has been abolished for first home buyers purchasing a new build in Queensland.
On a $600,000 home, that’s a saving of more than $11,000 - a game-changer when every dollar counts.
This change is designed to remove one of the biggest financial barriers facing first time home buyers in Queensland and encourage more people to buy brand new homes that meet today’s energy and design standards.
3. Boost to buy shared equity scheme
The newest initiative - Boost to Buy - is a government-backed shared equity scheme that helps eligible first home buyers enter the market with as little as a 2% deposit.
Here’s how it works:
- The government contributes up to 30% of the purchase price for new homes
- You contribute just 2% deposit
- Available on homes valued up to $1 million
- Open to singles earning up to $150,000, or couples earning up to $225,000
Applications open 1 July 2025, with the scheme set to support up to 1,000 buyers across Queensland.
For many first home buyers in QLD, Boost to Buy could mean the difference between continuing to rent or stepping into home ownership this year.
Why now is the time to buy
With all three of these initiatives now available, first home buyers in Queensland could save over $40,000 in upfront costs - and potentially get into the market with far less saved than previously required.
And with first home builders like AUSMAR offering fixed-price builds and tailored house and land packages for first home buyers, the path to home ownership is clearer and more achievable than ever before.
Whether you’re searching for:
- First home builders Sunshine Coast
- First home builders Brisbane
- The best builders for first home buyers
- Or affordable house and land packages designed for first timers
…we’re here to help you get started.
How to get started: Your 4-step plan
Not sure where to begin? Here’s a simple plan to get moving:
- Research
Explore home designs, locations, and builders that align with your goals. - Finance
Speak to a broker or lender to understand your borrowing power and apply for the grants you're eligible for. - Secure a Block
Find land that suits your lifestyle - we can help you identify options in high-growth locations. - Choose a Design
Select a home design that fits your needs, style, and budget. AUSMAR offers a full range of first home buyers house and land packages ready to go.
Let AUSMAR help you make it happen
As one of Queensland’s most trusted first home builders, AUSMAR is proud to support buyers from the Sunshine Coast to North Brisbane. Our team works with trusted brokers who understand the grant process, and we offer home designs that make the most of every dollar - so you can step confidently into home ownership.