First Home Buyers


When preparing to buy your first home, there are lots of questions surrounding how to complete your first purchase including the amount of deposit you may require.

By working with RE/MAX Experience, your local industry leader with the expertise, we can assist you with finding the answers to all your queries.

Below is a guide to assist you with the purchasing your first home.

First Home Owner Grant

What is it:
A state initiative by the Queensland Government to make it easier for individuals, couples, and families to purchase their first home.

Is it still available:
Yes, at least in the short-term. Depending on the date of your contract, you’ll get $15,000 towards buying or building your new house, unit or townhouse – however valued no more than $750,000. The grant is paid per new home and not to each of the applicants for the same home.

Set a budget for your home
As a first home owner, your budget will be based on the amount that you’ve saved. Do some research on how much you need for a deposit and take into consideration some tips for saving and cutting back on expenses.

First Home Loan Scheme 2020
Federal Governments First Home Loan Scheme helps eligible First Home Buyers purchase a home with a deposit as low as 5%. The Government has unveiled details of the scheme aimed at helping up to 10,000 first home buyers on low and middle incomes enter the market each year from January 2020.
The program will be open to singles with a taxable income up to $125,000 per year and couples earning less than $200,000 per year. It will also apply to owner-occupied loans on a principal and interest basis.
For more information regarding the First Home Owner Grant please do not hesitate to contact us – we would be happy to assist you with any questions or queries.


  • No stamp duty on properties under $500,000 or vacant land under $250,000
  • Discounted stamp duty on properties under $549,999, or vacant land under $399,000
  • $15,000 grant for new properties under $750,000
  • The 2020 First Home Loan Scheme will be driven by demand and up to 10,000 guarantees a year.