๐Ÿก QLD Boost to Buy Home Ownership Scheme

๐Ÿก QLD Boost to Buy Home Ownership Scheme

Helping First Home Buyers Get Into the Market Sooner

The nation-leading Boost to Buy scheme is a major initiative by the Queensland Government to help first home buyers overcome the deposit hurdle and secure a home of their own, sooner.

๐Ÿ” How It Works

Boost to Buy provides a shared equity contribution toward your home purchase:

  • โœ… Up to 30% for new homes

  • โœ… Up to 25% for existing homes

This means you could buy a home with as little as 2% deposit saved, making homeownership far more accessible.

๐Ÿ‘ค Whoโ€™s Eligible?

  • ๐Ÿง Singles earning up to $150,000

  • ๐Ÿ‘ฅ Couples/households (2 adults) earning up to $225,000

  • Property must be valued up to $1 million

  • Youโ€™ll need to contribute at least 2% of the property price from your own savings

๐Ÿ“ More eligibility criteria will be announced closer to launch.

๐Ÿ“… When Can You Apply?

  • Applications are expected to open later in 2025

  • In the meantime, register your interest to receive updates from the QLD Government

๐Ÿ“ฆ Can You Combine This With Other Support?

Yes! Boost to Buy can be used alongside:

  • The $30,000 First Home Buyer Grant (for new builds)

  • Stamp duty concessions for first home buyers

๐Ÿ’ฌ Need help navigating your options?
As a mortgage broker, I can help assess your eligibility and prepare you ahead of the launch. Letโ€™s work together to put your best foot forward toward homeownership.

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