{"id":3059,"date":"2025-04-30T10:17:22","date_gmt":"2025-04-30T00:17:22","guid":{"rendered":"https:\/\/anp-au.com\/?p=3059"},"modified":"2025-04-30T11:38:15","modified_gmt":"2025-04-30T01:38:15","slug":"qld2firsthome","status":"publish","type":"post","link":"https:\/\/anp-au.com\/en\/qld2firsthome\/","title":{"rendered":"Queensland&#039;s double housing discount period has arrived! Stamp duty exemption + grants can save more than $50,000 for first-time homebuyers"},"content":{"rendered":"<p>The Queensland government in Australia recently launched two favorable measures for first-time homebuyers: a First Homebuyer Stamp Duty Waiver and a First Homebuyer Grant. These two measures, which can be applied simultaneously, offer significant financial relief to first-time buyers purchasing newly built homes. With grants up to AUD $30,000 and a full stamp duty waiver, don&#039;t miss this exciting opportunity to enter the market.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Contents Overview<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/anp-au.com\/en\/qld2firsthome\/#%E5%85%A9%E5%A4%A7%E5%84%AA%E6%83%A0%E4%B8%A6%E8%A1%8C_%E5%8F%AF%E5%90%88%E4%BD%B5%E4%BD%BF%E7%94%A8\" >The two offers can be used in conjunction with each other<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/anp-au.com\/en\/qld2firsthome\/#%E5%AF%A6%E4%BE%8B%E8%AA%AA%E6%98%8E%EF%BC%9A%E8%B3%BC%E8%B2%B775%E8%90%AC%E5%85%83%E6%96%B0%E5%BB%BA%E4%BD%8F%E5%AE%85_%E5%8F%AF%E7%AF%80%E7%9C%81%E9%80%BE50000\" >Example: Buying a new home worth $750,000 can save you more than $1,400,000<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/anp-au.com\/en\/qld2firsthome\/#%E5%8D%B0%E8%8A%B1%E7%A8%85%E5%85%A8%E5%85%8D%E6%94%BF%E7%AD%96%EF%BC%9A2025%E5%B9%B45%E6%9C%881%E6%97%A5%E8%B5%B7%E5%AF%A6%E6%96%BD%E2%80%8B\" >Stamp duty exemption policy: effective from May 1, 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/anp-au.com\/en\/qld2firsthome\/#%E9%A6%96%E6%AC%A1%E7%BD%AE%E6%A5%AD%E8%80%85%E8%A3%9C%E5%8A%A9%E9%87%91%E8%A8%88%E5%8A%83%EF%BC%9A%E9%AB%98%E9%81%9430000%E2%80%8B\" >First Home Owner Grant Scheme: Up to $30,000\u200b<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/anp-au.com\/en\/qld2firsthome\/#%E6%94%BF%E5%BA%9C%E6%8E%A8%E5%8B%95%E7%BD%AE%E6%A5%AD%E4%BF%A1%E5%BF%83_%E6%87%89%E5%8F%8A%E6%97%A9%E9%83%A8%E7%BD%B2\" >The government should make early arrangements to boost confidence in home ownership<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%85%A9%E5%A4%A7%E5%84%AA%E6%83%A0%E4%B8%A6%E8%A1%8C_%E5%8F%AF%E5%90%88%E4%BD%B5%E4%BD%BF%E7%94%A8\"><\/span>The two offers can be used in conjunction with each other<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Under the latest policy, eligible first-time homebuyers who purchase a newly built home on or after May 1, 2025, and sign a contract on or before June 30, 2025, will have the opportunity to receive:<\/p>\n\n\n\n<p>First Home Owner Grant: up to AUD 30,000 per $;<\/p>\n\n\n\n<p>Full exemption of stamp duty: There is no upper limit on property price, and as long as the property is used for self-residence, it is fully exempt from stamp duty.<\/p>\n\n\n\n<p>As long as the conditions are met, the above two discounts can be used at the same time, providing double financial relief for first-time home buyers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%AF%A6%E4%BE%8B%E8%AA%AA%E6%98%8E%EF%BC%9A%E8%B3%BC%E8%B2%B775%E8%90%AC%E5%85%83%E6%96%B0%E5%BB%BA%E4%BD%8F%E5%AE%85_%E5%8F%AF%E7%AF%80%E7%9C%81%E9%80%BE50000\"><\/span>Example: Buying a new home worth $750,000 can save you more than $1,400,000<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For example, a first-home buyer purchasing a new home in Brisbane worth $750,000, who signs the contract after May 1, 2025 and intends to occupy the home, will be eligible for two incentives:<\/p>\n\n\n\n<p>The stamp duty originally payable was approximately AUD$20,025 (estimated according to the Queensland stamp duty calculator), which will now be fully waived;<\/p>\n\n\n\n<p>You can also apply for the $30,000 Australian dollar first home buyer grant;<\/p>\n\n\n\n<p>The total saving is AUD$$50,025.<\/p>\n\n\n\n<p>For first-time homebuyers with limited funds or who want to reduce the pressure of entering the market, this move is equivalent to directly reducing the house price by more than 6%, which is very attractive.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%8D%B0%E8%8A%B1%E7%A8%85%E5%85%A8%E5%85%8D%E6%94%BF%E7%AD%96%EF%BC%9A2025%E5%B9%B45%E6%9C%881%E6%97%A5%E8%B5%B7%E5%AF%A6%E6%96%BD%E2%80%8B\"><\/span>Stamp duty exemption policy: effective from May 1, 2025<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>From May 1, 2025, the Queensland government will implement a new stamp duty exemption policy for first-time homebuyers who purchase newly built homes or vacant land for building homes. This policy removes the previous price cap, and eligible first-time homebuyers can enjoy the stamp duty exemption regardless of the property price.<\/p>\n\n\n\n<p>Application requirements include:<\/p>\n\n\n\n<p>Applicants must be natural persons aged 18 or above and Australian citizens or permanent residents.<\/p>\n\n\n\n<p>The newly built house or vacant land purchased must be used for self-residence and must be moved into and lived in for at least 6 consecutive months within 12 months of purchase.<\/p>\n\n\n\n<p>The applicant and his\/her spouse have never owned residential property in Australia, or have owned but never lived in it.<\/p>\n\n\n\n<p>The implementation of this policy is expected to benefit approximately 3,000 first-time homebuyers each year, significantly lowering the threshold for home ownership for them.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E9%A6%96%E6%AC%A1%E7%BD%AE%E6%A5%AD%E8%80%85%E8%A3%9C%E5%8A%A9%E9%87%91%E8%A8%88%E5%8A%83%EF%BC%9A%E9%AB%98%E9%81%9430000%E2%80%8B\"><\/span>First Home Owner Grant Scheme: Up to $30,000\u200b<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Queensland Government&#039;s First Home Owner Grant program provides eligible first homebuyers with a one-off grant of up to \u00a3$30,000. This program applies to new residential properties purchased or built between November 20, 2023 and June 30, 2025, with a total property value of less than \u00a3$750,000.<\/p>\n\n\n\n<p>Application requirements include:<\/p>\n\n\n\n<p>Applicants must be natural persons aged 18 or above and Australian citizens or permanent residents.<\/p>\n\n\n\n<p>The newly built home purchased has not been lived in or sold before.<\/p>\n\n\n\n<p>The applicant and his\/her spouse have never owned residential property in Australia, or have owned but never lived in it.<\/p>\n\n\n\n<p>You must move into the house within one year after the transaction is completed and live there for at least 6 consecutive months.<\/p>\n\n\n\n<p>It is worth noting that this subsidy program will end on June 30, 2025, after which the subsidy amount will revert to $15,000.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%94%BF%E5%BA%9C%E6%8E%A8%E5%8B%95%E7%BD%AE%E6%A5%AD%E4%BF%A1%E5%BF%83_%E6%87%89%E5%8F%8A%E6%97%A9%E9%83%A8%E7%BD%B2\"><\/span>The government should make early arrangements to boost confidence in home ownership<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Queensland government&#039;s simultaneous introduction of two overlapping homeownership incentives is a rare achievement nationwide. With interest rates stabilizing and inflation under control, this initiative is expected to incentivize more young families and recent immigrants to enter the housing market.<\/p>\n\n\n\n<p>If we estimate based on the general loan interest rate of about 6% of local Australian banks, the saved stamp duty and subsidies can greatly reduce the pressure of mortgage payments in the first three years, which is substantial support.<\/p>\n\n\n\n<p>For Hong Kong residents considering relocating to Australia or diversifying their assets, Queensland&#039;s measures undoubtedly create a good opportunity to enter the market. However, opportunities are limited, and the subsidy program will revert to the original $ level of 15,000 after it ends on June 30, 2025. Interested parties are advised to consult a licensed real estate agent and lawyer as soon as possible to make arrangements.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u6fb3\u6d32\u6606\u58eb\u862d\u5dde\u653f\u5e9c\u65e5\u524d\u540c\u6642\u63a8\u51fa\u5169\u9805\u91dd\u5c0d\u9996\u6b21\u7f6e\u696d\u4eba\u58eb\u7684\u5229\u597d\u63aa\u65bd\uff0c\u5305\u62ec\u300c\u9996\u6b21\u7f6e\u696d\u8005\u5370\u82b1\u7a05\u5168\u514d\u653f\u7b56\u300d\u53ca\u300c\u9996\u6b21\u7f6e\u696d\u8005\u88dc\u52a9 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[17,46],"tags":[],"class_list":["post-3059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brisbane","category-46"],"_links":{"self":[{"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/posts\/3059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/comments?post=3059"}],"version-history":[{"count":5,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/posts\/3059\/revisions"}],"predecessor-version":[{"id":3077,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/posts\/3059\/revisions\/3077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/media\/3070"}],"wp:attachment":[{"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/media?parent=3059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/categories?post=3059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anp-au.com\/en\/wp-json\/wp\/v2\/tags?post=3059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}