The Queensland Government has opened applications for its nation-leading Boost to Buy home ownership scheme, with funding doubled to $330 million to support up to 2,000 first home buyers. The expanded program aims to deliver more Queenslanders a place to call home, with half of all available places reserved for people living in regional areas.
The Queensland Government has opened applications for its nation-leading Boost to Buy home ownership scheme, with funding doubled to $330 million to support up to 2,000 first home buyers.
The expanded program aims to deliver more Queenslanders a place to call home, with half of all available places reserved for people living in regional areas.
Applications for the initial 500 places will open on Monday, 15 December, with the scheme set to assist up to 2,000 first home buyers over the next three years.
The government says the expansion is part of a broader effort to address the state's housing challenges, following years of declining housing approvals and limited regional planning that contributed to Queensland's housing crisis.
Under Boost to Buy, eligible buyers can receive a government equity contribution of up to 30 per cent for new homes and 25 per cent for existing homes. Participants must have saved a minimum deposit of 2 per cent and can purchase properties valued at up to $1 million.
The scheme builds on other housing measures introduced by the Crisafulli Government, including the extension of the $30,000 First Homeowner Grant, which has already supported 1,750 buyers this financial year, the abolition of stamp duty for first home buyers purchasing new properties, and changes allowing new owners to rent out a room from day one without losing grants or concessions.
Unity Bank has been approved as the lender for the first 500 Boost to Buy places, with applications opening directly through the bank from 9am AEST on Monday, 15 December 2025.
Eligibility is open to single purchasers earning up to $150,000 a year, and to households with two adults or singles with dependants earning up to $225,000 annually.
Treasurer and Minister for Home Ownership David Janetzki said the scheme was helping make home ownership achievable for Queenslanders who might otherwise be locked out of the market.
"Opening applications for Boost to Buy is a shot of optimism for first home buyers, with 50 per cent of places set aside for those looking to live outside south-east Queensland," he said.
Unity Bank chief executive Danny Pavisic said the bank was proud to support the first rollout of the scheme.
"Boost to Buy will provide a genuine pathway to home ownership for working Queenslanders and aligns strongly with Unity Bank's commitment to supporting everyday Australians," he said.
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