July 3, 20252 min read

Introducing ‘Boost to Buy’: A Game-Changer for First Home Buyers in Queensland

If saving a deposit has been the biggest hurdle between you and your first home, there's exciting news on the horizon.

A new beginning starts right here.

If saving a deposit has been the biggest hurdle between you and your first home, there's exciting news on the horizon. The Queensland Government has just announced Boost to Buy - a nation-leading shared equity scheme designed to help first home buyers get into the market sooner with as little as 2% deposit.

What is Boost to Buy?
Boost to Buy is a new government-backed initiative that helps eligible first home buyers purchase a home by contributing up to:

30% of the property price for new homes, or
25% for existing homes.

In simple terms, that means if you’ve saved just $15,000, you could be eligible to buy a new home worth up to $750,000 - with the government stepping in to help fill the deposit gap.

Who is eligible?
To qualify for Boost to Buy:

You must be a first home buyer
You’ll need a minimum deposit of just 2%
The home must be valued at up to $1 million

You must earn:

Up to $150,000 as a single, or
Up to $225,000 combined as a couple

Expressions of interest open 1 July 2025, with the scheme designed to support up to 1,000 home purchases across the state. The Queensland Government has allocated $165 million to fund the program.

Why this matters
With Queensland’s home ownership rate sitting at just 63.5% - the lowest in the country - the Boost to Buy scheme aims to turn things around by putting the dream of owning a home back within reach for thousands of locals.

And it’s not the only initiative working in your favour right now:

The $30,000 First Home Owner Grant has been extended
Stamp duty has been abolished for first home buyers from May 1, 2025

What it means for you
At AUSMAR, we know how tough it can be to get a foot on the ladder - especially when it comes to saving for a deposit. With Boost to Buy, that challenge just became a whole lot easier.

Whether you’re just starting to explore your options or you’ve been saving for a while, our team can guide you through every step - with our panel of talented brokers to our AUSMAR team for land and home design.

Get ready - applications open 1 July
Want to find out if you qualify or start planning now? Get in touch with AUSMAR and let’s talk about turning your first home dream into a reality - sooner than you think.

Information source: Queensland Government Media Release

Introducing ‘Boost to Buy’: A Game-Changer for First Home Buyers in Queensland

RELATED ARTICLES