First home buyer grants in Queensland, all in one place.

Queensland pays triple what most states do. The grant is $30,000 for buying or building a new home valued under $750,000, and the 2026-27 state budget locked it in for contracts signed from 1 July 2026 onward, with funding committed for four years. Plenty of older articles still say it ends in June 2026. They are wrong.

New means never lived in: a new build, an off the plan purchase, or a substantially renovated home. You must be 18 or older, an Australian citizen or permanent resident, and never have owned a home you lived in anywhere in Australia since July 2000. Move in within a year of settlement and live there for six continuous months.

Apply through your lender or broker with your home loan, or directly with the Queensland Revenue Office online.

Official source: Queensland Revenue Office

Since May 2025, Queensland first home buyers pay no transfer duty at all on a new home or on vacant land they build on, with no upper price limit. The 2026-27 budget describes it as locked in law. Buy a brand new $2 million house as your first home and the duty is still zero.

Established homes have their own concession: no duty up to $700,000, then a taper that runs out just under $800,000. At $800,000 or above you pay the standard rate.

The residency rules are strict: move in within one year of settlement and do not rent out the whole place in that first year, though renting a room while you live there is fine. Buying vacant land? You need to build and move in within two years.

One change coming: from 1 August 2026 these duty concessions require you to be an Australian citizen, permanent resident or specified foreign retiree.

Official source: Queensland Revenue Office

Queensland runs its own shared equity scheme alongside the federal one. The state takes up to a 30% stake in a new home or 25% in an established one, you bring as little as a 2% deposit, and there is no interest on the government share. You buy it back over time or settle when you sell.

It is income tested at $150,000 for singles and $225,000 for couples or single parents on 2025 incomes (rising to $155,000 and $232,000 against 2026 tax year income), with a $1,000,000 price cap statewide. Places are capped at 2,000 in total and half are reserved outside South East Queensland, so demand is fierce. Applications run through QRIDA and approved lenders, first come first served.

Official source: Queensland Treasury

The federal First Home Guarantee, now marketed as the Australian Government 5% Deposit Scheme, lets you buy with a 5% deposit while the government guarantees the rest, so you skip Lenders Mortgage Insurance entirely.

No income caps and no place limits since October 2025. Queensland price caps: $1,000,000 for Brisbane, the Gold Coast and the Sunshine Coast, and $700,000 for the rest of the state. Move in within six months of settlement. You apply through your lender or broker, and it stacks with the grant and the duty relief.

Official source: firsthomebuyers.gov.au (Housing Australia)

Build your deposit inside super, where savings are taxed at 15% instead of your marginal rate. Contribute up to $15,000 a year voluntarily, then release up to $50,000 per person plus associated earnings when you buy. A couple can pull out up to $100,000 between them. Request the release through the ATO before signing a contract and allow a few weeks.

Official source: Australian Taxation Office