The nation-leading Boost to Buy home ownership scheme will help reduce the deposit gap for first home buyers and deliver a place to call home for more Queenslanders sooner.

Announced as part of the 2025-26 Queensland Budget, the Boost to Buy scheme will provide an equity contribution to eligible Queenslanders who are saving for their first home.

How it works

For successful applicants, Boost to Buy will offer an equity contribution of:

• Up to 30% for new homes
• Up to 25% for existing homes

This means eligible Queenslanders can purchase a home with a smaller deposit.

Who can apply

To be eligible, first home buyers will need a minimum 2 per cent deposit available for the purchase price of the property valued up to $1 million.

Boost to Buy will be open to single purchasers with an income of up to $150,000 and households with two adults earning up to $225,000.

Other eligibility requirements will apply for the scheme once it opens for applications.

Applications for Boost to Buy are expected to open later in 2025.

Register your interest for Boost to Buy

Subscribe HERE to receive updates on the Boost to Buy home ownership scheme.

Source: HERE