Queensland’s Boost to Buy Plan: A Game-Changer for First-Time Buyers
Queensland’s housing crisis has prompted one of the boldest reforms yet for first-home buyers: the Boost to Buy Plan. Launched by Premier David Crisafulli, this shared-equity scheme is making home ownership more attainable than ever.
What Is the Boost to Buy Plan?
The Boost to Buy Plan is a shared-equity program that lets eligible first-home buyers purchase with just a 2% deposit. Here’s how it works:
| Purchase Price | 2% Deposit |
|---|---|
| $1,000,000 | $20,000 |
| $750,000 | $15,000 |
| $500,000 | $10,000 |
On top of that, the Queensland Government contributes:
- 30% equity for new builds
- 25% equity for existing homes
This shared-equity support reduces your loan size and monthly repayments, easing the path to ownership.
Key Benefits
- Lower Deposit Barrier With only 2% upfront, one of the biggest hurdles for young buyers is removed.
- Equity Top-Up You can buy out the government’s share over time or upon sale.
- Stackable Incentives
- $30,000 First Home Owner Grant (new homes up to $750,000)
- Stamp duty exemption on new builds from May 1, 2025 (no price cap)
Who’s Eligible?
- Singles earning up to $150,000
- Couples with combined income up to $225,000
- First home purchase in Queensland
- Initial cap of 1,000 participants
- Applications open July 1, 2025
Why It Matters
At just 63.5%, Queensland has the lowest home-ownership rate in Australia. The Boost to Buy Plan aims to:
Discover the #1 tax secret wealthy Australian property investors use to grow their portfolios faster — even in a high interest rate environment.
- Learn how to turn wear and tear into wealth
- See real examples of $15,000+ first-year deductions
- Understand how to structure your purchases for maximum after-tax ROI
Download Your Free Wealth Building Guide
This ebook reveals how to legally slash your tax bill while building long-term wealth through property. Learn the strategies savvy investors use to gain an edge — even before settlement.
- Maximise tax deductions and improve cash flow
- Understand Division 40 vs 43 and how to claim both
- Position yourself to reinvest and scale faster
- Increase access to home ownership
- Stimulate new home building
- Ease long-term rental pressure
It forms part of the broader Securing Our Housing Foundations Plan, backed by a $2 billion housing package.
Learn More & Apply
For full details and registration, visit the Queensland Revenue Office or Housing Queensland.
