π‘ QLD Boost to Buy Home Ownership Scheme
π‘ 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.
π How It Works
Boost to Buy provides a shared equity contribution toward your home purchase:
β Up to 30% for new homes
β 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.
π€ Whoβs Eligible?
π§ Singles earning up to $150,000
π₯ Couples/households (2 adults) earning up to $225,000
Property must be valued up to $1 million
Youβll need to contribute at least 2% of the property price from your own savings
π More eligibility criteria will be announced closer to launch.
π 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
π¦ 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
π¬ Need help navigating your options?
As a mortgage broker, I can help assess your eligibility and prepare you ahead of the launch. Letβs work together to put your best foot forward toward homeownership.