- The Crisafulli Government opens applications for nation leading home ownership scheme, Boost to Buy.
- Funding for scheme has been doubled to $330 million, delivering support for up to 2,000 first home buyers.
- 50 per cent of places will be available for regional Queenslanders.
- The Crisafulli Government is delivering more Queenslanders a place to call home and a better lifestyle through a stronger economy.
The Crisafulli Government is delivering a fresh start for Queensland by expanding the Boost to Buy nation leading home ownership scheme doubling funding and available places to provide a place to call home for more Queenslanders.
Applications will open on Monday (15 December) for the initial 500 places, with up to 2,000 first home buyers to benefit over the next three years.
50 percent of places will be available for those living in regional parts of the State.
A decade of the former Labor Government's declining housing approvals, and lack of regional planning for the homes needed for our growing State, created the Queensland Housing Crisis and left Queensland lagging behind the rest of the country at the bottom of the home ownership ladder.
The Crisafulli Government is driving-down cost of living pressures and delivering a place to call home for more Queenslanders, to ease Labor's Cost of Living Crisis and Housing Crisis, by delivering a better lifestyle through a stronger economy.
The Boost to Buy scheme will provide a government equity contribution of up to 30 per cent for new homes and 25 per cent for existing homes, and to be eligible, home buyers need to have saved a minimum 2 per cent deposit for the purchase price of a property up to $1 million.
The scheme comes on top of the existing measures announced by the Crisafulli Government to deliver more Queenslanders a place to call home, including:
- The extension of the $30,000 First Homeowner Grant which has already helped 1,750 people this financial year;
- The abolition of stamp duty for first home buyers on new properties from which 1,500 Queenslanders have benefited since May;
- Lifted restrictions to allow new home owners to rent out a room from day one without losing grants or concessions.
Unity Bank has been accepted as an approved lender for up to 500 initial places for Boost to Buy. Aspiring first home buyers can apply directly to Unity Bank from 9am AEST on Monday 15 December 2025.
Eligibility is open to single purchasers with an income of up to $150,000 per annum and households with two adults or singles with dependants earning up to $225,000 per annum.
Treasurer and Minister for Home Ownership David Janetzki said the Boost to Buy scheme was making home ownership a reality for Queenslanders who would not otherwise be able to buy a home.
"We are committed to moving Queensland up the home ownership ladder by delivering more Queenslanders a place to call home," Mr Janetzki said.
"Opening applications for the scheme is a shot of optimism for Queenslanders wanting to purchase their first home, with 50 percent of places reserved for those wanting to live outside of South East Queensland.
"We're delivering what we promised - more homeownership opportunities across Queensland."
Unity Bank CEO Danny Pavisic said Unity was excited to be appointed as an approved lender for the first roll-out of placements of the Boost to Buy scheme.
"Boost to Buy will support working Queenslanders seeking the security of home ownership," Mr Pavisic said.
"Providing a pathway for Queenslanders who have been struggling to enter the housing market is perfectly aligned with Unity Bank's principle of supporting everyday Australians."
More details can be found www.treasury.qld.gov.au/boost-to-buy
