- More than 11,000 aspiring first home buyers register interest in the Crisafulli Government's new nation-leading home ownership scheme, Boost to Buy.
- The Crisafulli Government is delivering a fresh start for Queensland with a place to call home for more first home buyers.
- $165 million scheme will reduce the deposit gap to boost Queensland's home ownership rates.
The Crisafulli Government is delivering a place to call home for more Queenslanders, with more than 11,000 Queenslanders registering their interest as part of the nation-leading Boost to Buy home ownership scheme.
The $165 million first home buyer scheme – funded in the 2025-26 Budget - allows for a Government equity contribution of up to 30 per cent for new homes and 25 per cent for existing homes.
To be eligible, home buyers require a minimum 2 per cent deposit available for the purchase price of the property valued up to $1 million.
Eligibility is open to single purchasers with an income of up to $150,000 a year and households with two adults earning up to $225,000 per annum.
After a decade of the former Labor Government, Queensland lagged behind the rest of the country and sat at the bottom of the home ownership ladder.
Boost to Buy is just one way the Crisafulli Government is delivering a fresh start for Queensland by boosting home ownership, with increased home ownership grants and slashing stamp duty to unlock the dream for first home buyers.
Treasurer and Minister for Home Ownership David Janetzki said the Boost to Buy scheme would deliver more Queenslanders their dream of home ownership, and he looked forward to seeing more young people entering the property market.
"I want everyone who aspires to own a home to have a chance to do that," Treasurer Janetzki said.
"The Boost to Buy scheme comes on top of the first home buyer support we've already delivered, including the extended $30,000 grant and abolishing stamp duty for first home buyers purchasing a new build.
"This builds on our goal for construction of one million homes over the next 20 years by making home ownership affordable for more Queenslanders.
"The 2025-26 Budget is delivering what we promised — the right plan to unlock home-ownership opportunities across Queensland."
Formal applications for Boost to Buy will open later this year.
