For first home buyers in Queensland, this year’s state Budget feels like a breath of fresh air – and a firm step closer to unlocking that long-held dream of home ownership.

With record investments aimed at transforming the housing landscape, the Queensland Government is putting serious power behind helping everyday families own their piece of the Sunshine State.

Leading the charge is the Boost to Buy scheme, an innovative program that slashes the deposit barrier by offering an equity contribution of up to 30% for new homes and 25% for existing homes, on properties valued up to $1 million.

That’s huge news for couples, singles, and young families earning up to $225,000 –finally making the journey from renting to owning feel a whole lot more achievable.

But it doesn’t end there. The extension of the First Home Owner Grant to $30,000 until June 2026 gives aspiring buyers even more financial breathing room. Add to that the abolition of stamp duty on new builds, and we’re looking at unprecedented support that directly reduces the upfront cost of stepping into your first home.

A new $2 billion Residential Activation Fund will also fast-track vital infrastructure, unlocking housing developments and ensuring new communities are ready to thrive. It’s not just about building homes – it’s about building futures.

For many Queenslanders who’ve felt priced out of the market or stuck in a rental cycle, this Budget delivers hope, options, and a tangible path forward.

It marks a defining moment in the State’s housing future – one where home ownership isn’t just a lofty goal, but a real, reachable milestone.

With this kind of support on the table, it’s no longer a question of “if” but “when.” And for first home buyers, that moment might be closer than ever.

Brett Warren
About Brett Warren
Brett Warren is Director of Metropole Properties Brisbane and uses his two decades of property investment experience to advise clients how to grow, protect and pass on their build their wealth through property.
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