Queensland first home buyers: $30,000 and no stamp duty on a new home
Queensland is one of the best places in Australia to buy your first home new. A $30,000 grant, no stamp duty on a new home at any price — and federal schemes on top.
$30,000 First Home Owner Grant
Buy or build a new home as your first home and Queensland pays you a $30,000 grant, for contracts signed from 20 November 2023. The home — including the land — must be valued under $750,000. There is no income test.
The grant is only for new homes: never lived in or sold as a residence, which includes homes bought off the plan and house and land packages. There is no grant for an established home.
No stamp duty on a new first home — at any price
For contracts signed from 1 May 2025, first home buyers pay no transfer (stamp) duty at all on a new home, with no value cap. It is a full concession that reduces the duty to nil. By comparison, the first home concession on an established home only applies to homes valued under $800,000.
Add the federal schemes
- 5% Deposit Scheme — 5% deposit and no lenders mortgage insurance for homes up to $1,000,000 in Brisbane and regional centres, and $700,000 elsewhere in Queensland.
- Help to Buy — the government contributes up to 40% of the price of a new home.
More on both: federal first home buyer schemes.
Sources: Queensland Revenue Office — first home owner grant; first home (new home) concession; 5% Deposit Scheme.
Common questions
How much is the first home owner grant in Queensland?
$30,000 for eligible first home buyers buying or building a new home valued under $750,000, for contracts signed from 20 November 2023.
Do first home buyers pay stamp duty on a new home in Queensland?
No. For contracts from 1 May 2025, eligible first home buyers pay no transfer duty on a new home, with no value cap.
Can I get the grant for an off-the-plan home in Queensland?
Yes — a home bought off the plan is a new home, as long as it hasn't been lived in or sold as a residence before, and it meets the value limit.
General information, current at the date above. Grants, concessions and tax rules have eligibility conditions this page summarises; it isn't personal tax, legal or financial advice. Confirm your eligibility with the relevant government agency, your lender or your accountant before you rely on it.