Grants
First home buyer grants and schemes can make a real difference, but it is not always easy to know what applies to you.
Grants mayde simple.
This page explains the main support options for first home buyers in Queensland, including the First Home Owner Grant, transfer duty concessions and the Australian Government 5% Deposit Scheme, so you can get a clearer idea of what to check next.
Eligibility depends on your personal circumstances, the property you choose and current government requirements, so it is always worth checking the latest rules or speaking with a finance specialist.
What grants and support are available for first home buyers in Queensland?
There are a few key support options first home buyers may be able to access when buying or building in Queensland.
These may include:
- Queensland First Home Owner Grant
- First home buyer transfer duty concessions
- Australian Government 5% Deposit Scheme
- Other support depending on your circumstances
Not every buyer will be eligible for every option, so it is important to understand the basics before you choose a property or package.
First Home Owner Grant Queensland
The Queensland First Home Owner Grant is currently $30,000 for eligible first home buyers purchasing or building a new home.
For eligible contracts signed from 1 July 2026, the $30,000 grant applies to new homes valued at less than $750,000, including the land. The grant does not apply to established homes.
This may apply to eligible:
- Newly built homes
- Townhouses
- Apartments or units
- House and land packages
- Off-the-plan homes
For Mayde buyers, this means the grant may be relevant if you are building a new home or purchasing an eligible house and land package within the required value threshold.
Transfer Duty Concessions For First Home Buyers
Transfer duty is Queensland’s term for what is often called stamp duty.
For eligible contracts from 1 May 2025, first home buyers purchasing a new home may be able to receive a full first home new home concession, reducing transfer duty to nil. There is no value cap for the home and residential land under this particular concession.
Eligible first home buyers purchasing vacant residential land to build their first home may also qualify for a full concession, potentially reducing transfer duty to nil.
There are different rules for established homes, so it is important to check which concession applies to the property you are considering.
Australian Government 5% deposit scheme
The Australian Government 5% Deposit Scheme may help eligible first home buyers purchase a home with a minimum 5% deposit without paying Lenders Mortgage Insurance.
The scheme currently has no income caps, no waitlists and unlimited places for eligible applicants. Property price caps still apply and vary by location.
Eligible property types can include new or existing homes, townhouses, apartments, house and land packages and vacant land with a building contract, provided the property is within the relevant location price cap.
The scheme does not mean your home loan is automatically approved. You still need to meet the eligibility requirements and your participating lender’s lending criteria.
Can grants apply to house and land packages?
In some cases, yes.
Queensland’s First Home Owner Grant may apply to an eligible new house and land package, provided the home and buyer meet the current requirements. The Australian Government 5% Deposit Scheme can also be used for eligible house and land packages within the relevant property price cap.
Things that may matter include:
- Whether the home is new
- The combined value of the home and land
- Whether you will live in the property
- Your previous property ownership
- The contract structure and timing
- The requirements of the particular scheme
- Your lender's requirements
If you are looking at a Mayde house and land package, it is worth checking early which support may apply.
What should you check first?
Before assuming you are eligible, work through a few basics.
First home buyer grants checklist:
- Are you buying or building your first home?
- Is the property new or established?
- Will you live in the home?
- Does the property meet any relevant value or price cap?
- Are you buying as an individual or with someone else?
- Does your contract date affect the rules that apply?
- Have you checked the latest Queensland and Australian Government requirements?
- Have you spoken with a lender, broker or finance specialist?
This page is a starting point only. Government schemes and eligibility requirements can change, and the support available depends on your situation.
How mayde can help
Mayde does not provide financial advice, but we can help you understand the general first home buyer pathways and connect you with finance specialists who can talk through your situation.
We can help you:
- Understand what support may be worth looking into
- Explore house and land packages
- Compare home designs and locations
- Ask the right questions early
- Connect with finance support
FAQs.
What is the First Home Owner Grant in Queensland?
The Queensland First Home Owner Grant is currently $30,000 for eligible first home buyers purchasing or building a new home valued under $750,000 including land, for eligible contracts signed from 1 July 2026.
Can I use the First Home Owner Grant with a Mayde home?
It may be possible if the home or house and land package meets the current Queensland eligibility requirements, including the new-home and property-value rules.
Do first home buyers pay stamp duty in Queensland?
It depends on the property.
Eligible first home buyers purchasing a new home or vacant residential land to build their first home may qualify for a full transfer duty concession that reduces the duty to nil. Different rules apply to established homes.
What is the Australian Government 5% Deposit Scheme?
The Australian Government 5% Deposit Scheme may allow eligible first home buyers to purchase with a minimum 5% deposit without paying Lenders Mortgage Insurance. Property price caps and lender requirements still apply.
Do grants apply to house and land packages?
They can. The Queensland First Home Owner Grant and Australian Government 5% Deposit Scheme can apply to eligible house and land arrangements, subject to the relevant property, contract and buyer requirements.
Can Mayde tell me what I am eligible for?
Mayde can explain the general pathways and connect you with finance support, but your eligibility should be confirmed with a participating lender, finance specialist or the relevant government body.
Not sure what support could apply to you?
Tell us where you are at, and we’ll help you understand what to check next.
