In recent years, governments of all persuasions have introduced grants and funding programs to help Australians buy their first home.

See below for the Queensland Grants

Queensland First Home Owners’ Grant

The Queensland grant:

• Provides $30,000 towards a new home purchase;
• Is available where the value of house and land doesn’t exceed $750,000;
• Isn’t available to those who have previously owned property in Australia;
• Is only for those who live in the purchased property continuously for six months;
• Applies to eligible transactions between 20 November 2023 and 30 June 2025;
• Returns to $15,000 after 30 June 2025.

Learn more about the Queensland First Home Owner Grant.

Queensland housing finance loan

For Queensland residents who can afford a new home, but can’t secure a loan with private lenders, the state government has a housing finance loan option with the following parameters.

• Can’t own any other property.
• Household income must be below $141,000.
• Applicants must be able to afford loan repayments without hardship.
• Applicants must have income potential for the life of the loan.

To find out what grants other states and territories are offering click here

Click here to read the full six-part guide to buying your first home.