๐ก QLD Boost to Buy Home Ownership Scheme
๐ก 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.
๐ How It Works
Boost to Buy provides a shared equity contribution toward your home purchase:
โ Up to 30% for new homes
โ 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.
๐ค Whoโs Eligible?
๐ง Singles earning up to $150,000
๐ฅ Couples/households (2 adults) earning up to $225,000
Property must be valued up to $1 million
Youโll need to contribute at least 2% of the property price from your own savings
๐ More eligibility criteria will be announced closer to launch.
๐ 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
๐ฆ 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
๐ฌ Need help navigating your options?
As a mortgage broker, I can help assess your eligibility and prepare you ahead of the launch. Letโs work together to put your best foot forward toward homeownership.